Math Problem Statement

For a 2-year select and ultimate table, you are given: q_{[x]} = (1 - 2k) q_x q_{[x]+1} = (1 - k) q_{x+1} l_{[32]} = 90 l_{32} = 100 l_{33} = 90 l_{34} = 63 Calculate l_{[32]+1}

Solution

The problem you're working on appears to be from a life contingencies topic, dealing with a 2-year select and ultimate mortality table. You are provided the following data and expressions:

Given:

  • q[x]=(12k)qxq_{[x]} = (1 - 2k) q_x
  • q[x]+1=(1k)qx+1q_{[x]+1} = (1 - k) q_{x+1}
  • l[32]=90l_{[32]} = 90
  • l32=100l_{32} = 100
  • l33=90l_{33} = 90
  • l34=63l_{34} = 63

You need to calculate l[32]+1l_{[32]+1}.

Steps to Solve:

  1. Find q[32]q_{[32]}:

    • Use the relationship between q[x]q_{[x]} and qxq_x: q[32]=(12k)q32q_{[32]} = (1 - 2k)q_{32} Here, we need to calculate q32q_{32}, which is the probability of dying between ages 32 and 33, given by: q32=l32l33l32=10090100=0.1q_{32} = \frac{l_{32} - l_{33}}{l_{32}} = \frac{100 - 90}{100} = 0.1 Therefore: q[32]=(12k)(0.1)q_{[32]} = (1 - 2k)(0.1)
  2. Find q[32]+1q_{[32]+1}:

    • Now, apply the next formula for q[x]+1q_{[x]+1}: q[32]+1=(1k)q33q_{[32]+1} = (1 - k) q_{33} To find q33q_{33}, use: q33=l33l34l33=906390=0.3q_{33} = \frac{l_{33} - l_{34}}{l_{33}} = \frac{90 - 63}{90} = 0.3 Thus: q[32]+1=(1k)(0.3)q_{[32]+1} = (1 - k)(0.3)
  3. Solve for l[32]+1l_{[32]+1}:

    • l[32]+1l_{[32]+1} can be calculated as: [ l_{[32]+1} = l_{[32]}(1 - q_{[32]}) ] Substituting the values of l[32]=90l_{[32]} = 90 and q[32]=(12k)(0.1)q_{[32]} = (1 - 2k)(0.1), you can simplify and find the value.

Let's proceed with these steps to calculate l[32]+1l_{[32]+1}.

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Math Problem Analysis

Mathematical Concepts

Actuarial Mathematics
Mortality Tables
Probability

Formulas

q_{[x]} = (1 - 2k)q_x
q_{[x]+1} = (1 - k)q_{x+1}
q_x = (l_x - l_{x+1}) / l_x
l_{[32]+1} = l_{[32]}(1 - q_{[32]})

Theorems

Select and Ultimate Tables
Mortality Rates

Suitable Grade Level

University level (Actuarial Science)