Exam LTAM exercise for May 3, 2021

Exam LTAM exercise for May 3, 2021, Spring 2007 Society of Actuaries Course MLC Examination, Problem No. 10, also Dr. Ostaszewski’s online exercise posted October 27, 2007, video solution: https://smartURL.it/KO-LTAM-Exercise301

By Krzysztof Ostaszewski
Distinguished Professor of Mathematics and Actuarial Program Director at Illinois State University
My short bio: https://smartURL.it/krzysiobio
Information about me: https://smartURL.it/jedi
How to pass actuarial exams: https://smartURL.it/pass
Videos Posted January 20, 2017 through January 19, 2021: https://smartURL.it/PassActuarialExams
Videos posted January 20, 2021 and later: https://smartURL.it/PassActuaryExams
Online seminars for actuarial exams: https://smartURL.it/onlineactuary
Exam P manual: https://smartURL.it/BTDT-P
Exam FM manual: https://smartURL.it/BTDT-FM
Exam LTAM manual: https://smartURL.it/BTDT-LTAM
Exam IFM manual: httsp://smartURL.it/BTDT-IFM
Actuarial Program at Illinois State University: https://smartURL.it/actuary
Please support our actuarial students: https://smartURL.it/helpISUactuary