
Commutation Functions Quiz
Quiz
•
Mathematics
•
3rd Grade
•
Practice Problem
•
Medium
Norhana Tihany
Used 21+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do commutation functions help calculate?
Actuarial Present Value
Monthly Payments
Future Value
Total Cost
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
𝑀x
𝐶x
𝐷x
𝑎x
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the APV of a pure endowment with 𝑆=1?
𝐷x
𝑣n𝑝x
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does 𝐶𝑥 represent?
𝑎x
𝑣𝑥+1.𝑑𝑥
𝑣𝑥+1
𝑀𝑥
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for the EPV of an whole life immediate annuity of 𝑆=1?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the relationship between term and deferred insurance?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does 𝑁𝑥 represent?
Sum of all 𝐷𝑥
Future Value
Total Payments
Expected Value
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