Year 1 2 3 4 5 6 7 8 9 Rate of Loss What survival rate in the 10th year would make the average rate of loss over the 10-year period equal to 38.0%? Definition: Survival rate is the opposite of rate of loss. 36.2% 29.0% 46.2% 37.5% 40.9% 40.0% 32.6% 40.5% 40.1%