Question

I've just started studying this subject. Have a quick question if anyone can help. In Question 1.18 (ii) from the question and answer bank, the solution gives the value of the expected present value of a continuously payable temporary annuity paid to a life aged 46 for 19 years under ELT15(M) as 12.74 (at 4% pa).

Yet the info in the tables for ELT15(M) doesn’t give any EPV’s for annuities like it does for AM92…. Where do theyget the 12.74 from? I must be missing something. Any ActEd tutors out there ;-).

 

Try page 136

 

Thanks. I wouldnt't have thought of looking under sickness tables. . .

 

Very holpful

I found this very helpful, glad I am not the only one getting stuck on things like this!