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CT5, April 2015, Question 12

C

CorkActuary

Member
In the solution, for the EPV(Benefits) the amount 131,250 is applied to the pure endowment component of the equation. Where is this amount coming from?

I can see that 131,250 = 75,000 × 1.75 but it's not clear to me why this would be applied here...
 
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