oahtttn
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hi Graham, is this an error, your sample excel question, problem 6, the solution has extra negative sign for NRE
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thanks so much! I understand now, so basically there are 3 types of PV factors, PV for LIC, PV for LC (part of LRC), and PV for prem (part of LRC)? Am i understanding correctly?
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The excel file indicates it is the formulas for LIC , not LRC - i believe both column 7, 9 is for LIC, this is discounting for Loss Component, unless I am missing sth else?
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Actually - i think i found the answer!