CIA Premium liability-2017 spring 15

Hello, Graham;

I would like to confirm for 2017 spring 15, we are not able to calculate the PfAD for investment, right? so the final answer should have one more item + PfAD for net investment?

Am I right? or I missed something?

Thank you

Comments

  • Hello cgc2018,

    You're right that you can't calculate PfAD for investment because you would need the following information which they don't provide:

    • MfAD for investment
    • discount rate
    • payment pattern

    That's why they just tell you that PfAD for investment = 30 in the given information. I've included a short comment about this question in the wiki. (The answer in the examiner's report is correct, but I found their presentation confusing. I'd suggest following the example in the wiki for solving DPAE problems.)

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