Hi , I am struggling to get the gist of this below question , could you please explain in easy to understand language what they are looking to conclude and reason they are taking 1029.5 (not sure how the assumption that cashflows occurring in question validates well here )? Question : an(P) (actuariesindia.org) (Question 5) Solution : ST5_SOL.pdf (actuariesindia.org) Please breakdown the explanation into piece to understand the things conceptually ? Thanks in advance
Hi, It is not our place at ActEd to comment on the IAI exams. However, I wonder if any other students sitting these exams and browsing this thread might be able to help you out? Thanks Joe