Hi I think Q&A bank 6 is one of the toughest in the pack! Anyone know how to derive the monthly "exposure units" table for year 1 and 2 in the solution???
Hi Jensen, Don't worry, practice makes perfect with these questions. I've attached an explanation of Question 6.15, however, I recommend you first revisit Question 3.16 from Q&A Bank 3, which uses the exact technique needed for Question 6.15. I gave you a detailed explanation for Question 3.16 a while ago, here's the link: http://www.acted.co.uk/forums/showthread.php?t=5305 My advice would be to: a) revisit Question 3.16, using the link above if necessary b) have another stab at Question 6.15, using the same technique c) use the attached spreadsheet as a check, if you get stuck. Good luck! Katherine.
Thanks Katherine Must have forgotten about the earlier question. I'll study both again first. Cheers.
I am afraid that very old attachments on the forums are no longer accessible. This one is over 8 years old. In any case the Q&A Bank is no longer part of our current study materials. If you have a query about a question in our current materials, please start a new thread and someone will be happy to help you.
