Question

A life insurer receives $500,000 in premiums and invests them at an interest rate of 3.5% per annum. Calculate the accumulated value after 2 years (to 2 decimal places).

answer: 535612.50
Ms. Sue
I've deleted over 35 of your actuarial science questions. It seems to me that you're not looking for help, but are planting these questions and answers here so that other students can cheat.
d
it's actually helpful.