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QI) Given the following rate change history table of the extension of exposures method, answer the following questions: e Rate level group 1 2 3

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QI) Given the following rate change history table of the extension of exposures method, answer the following questions: e Rate level group 1 2 3 4 Effectiv Rate per Class Class Class Policy e Date Exposur Factor Factor Factor Fee X Y z Initial 1,000$ 1.00 0.8 1.05 1,100$ 01/05/16 1,0505 1.00 0.7 1.10 1,1055 01/01/17 1.100S 1.00 0.65 1.10 1.100S 01/08/18 1.1008 1.00 0.7 1.15 1.0205 What is the actual premium charged for a policy of rate ?level group 4 and class factor Z Select one a. 2120 O b.2.285 c. 1020 d. 1.815

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