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Chapter 5. Life annuities.
Manual for SOA Exam MLC.
Chapter 5. Life annuities.
Section 5.7. Computing present values from a life table
c 2009. Miguel A. Arcones. All rights reserved.
Extract from:
"Arcones' Manual for the SOA Exam MLC. Spring 2010
Edition".
available at http://www.actexmadriver.com/
c 2009. Miguel A. Arcones. All rights reserved. Manual for SOA Exam MLC.
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Chapter 5. Life annuities. Section 5.7. Computing present values from a life table.
Recall that:
Theorem 1
Assuming a uniform distribution of deaths, we have that:
(i) Ax = i
Ax .
(ii) A
1

Source: Arcones, Miguel A. - Department of Mathematical Sciences, State University of New York at Binghamton

Collections: Mathematics