April 2008 no 13

Discussion in 'CT5' started by nad07, Sep 24, 2016.

  1. nad07

    nad07 Member

    How is the maturity benefit calculated?
     
  2. John Potter

    John Potter ActEd Tutor Staff Member

    Prob of maturity (ie not dying) * 10% * Fund at end
    =(1-0.003539)*0.1*2,657.96 = 264.86
    This is a cost

    Good luck!
    John
     
  3. nad07

    nad07 Member

    Cheers :)
     

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