Question: 3. Projected Incremental loss payments are: Accident Development Years Year 1 2 3 4 AY1 800 AY2 900 500 AY3 1500 1000 600 AY4 2500

3. Projected Incremental loss payments are: Accident Development Years Year 1 2 3 4 AY1 800 AY2 900 500 AY3 1500 1000 600 AY4 2500 1800 1200 800 Loss reserves are discounted at { = 4%. Calculate the discounted loss reserves as 31" December CY4

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