Question
a.
Withdrawal rates are opposite of persistency rates and are calculated as 1 minus persistency rates.
b.
Withdrawal rates are directly proportional to persistency rates.
c.
Withdrawal rates and persistency rates are interchangeable terms.
d.
Withdrawal rates have no relation to persistency rates.
Posted under IC 92 Actuarial Aspects of Product Development
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Q. How are withdrawal rates related to persistency rates?
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