May I have a word?

The Sandbox General
#1

I’m having a brain fart.

What’s the word for when you weight two values - one BOY, one EOY - to come up with the final value?

So, if issue date was March 31 & Valuation date is December 31, then VALUE = 3/12 * BOY + 9/12 * EOY.

Amortize keeps popping into my head but that’s not it. I think there’s an “a” in it, though.

#2

“Weighted Average”?

You average values, but weight them based on something.

1 Like
#3

Linearly interpolate?

3 Likes
#4

mid-terminal?

though not how I would calculate it

#5

Interpolate!

1 Like
#6

Interpolate…interpolate was the word.

See? I told you it had an “a” in it.

3 Likes
#7

There are never questions like this on Jeopardy! …

2 Likes
#8

I lost on Jeopardy!

baby

oooohh ooh-ooh ooh

1 Like
#9

I’m a lazy actuary, so I keep this workbook on my desktop:

image

1 Like