1. 

   Aspiring_Actuary_Lily Member

   Hi there. this may be a simple solution however I don't understand how the Mx(t) turns into beta divided by beta minus t raised to the power alpha?
   
   thank you

    

   Aspiring_Actuary_Lily, Mar 14, 2016

   #1
2. 

   John Lee ActEd Tutor Staff Member

   Since \( \left( 1-\frac{t}{\beta} \right)^{-\alpha} = \left( \frac{\beta - t}{\beta} \right) ^{-\alpha} = \left( \frac{\beta}{\beta - t}\right)^{\alpha}\).

    

   John Lee, Mar 15, 2016

   #2
3. 

   Aspiring_Actuary_Lily Member

   Thank you so much!!

    

   Aspiring_Actuary_Lily, Mar 16, 2016

   #3

   John Lee likes this.

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