Theory of Interest and Life Contingencies With Pension Applications: A Problem Solving Approach

Amazon.com Price: $41.46 (as of 11/10/2019 07:26 PST- Details)

Categories: Books, Business, Business and Finance, Business and Money, Economics, Human Resources, Human Resources and Personnel Management, Insurance, Interest, Life, New, Used and Rental Textbooks, Specialty Boutique, Subjects

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Description

This text is listed in the Course of Reading for the EA-1 Examination on the Joint Board for the Enrollment of Actuaries. It has also been adopted as the required text for introductory actuarial science courses at various colleges and universities. This is an introductory remedy of compound interest and basic aspects of life contingencies. It’s the very best book for college and universities that are supportive of actuarial education, but shouldn’t have formal actuarial science programs. The theory is illustrated by worked examples and reinforced through a large number of exercises. A knowledge of algebra is required; a familiarity with introductory calculus and probability turns out to be useful, but not essential. This popular textbook is even more useful because of the inclusion of the following topics: approaches to reaching numerical results the usage of calculator technology; basic concepts in finance, such as the true rate of return; investment duration; and an introduction to simple contingent insurance functions. Students will find this text to be valuable supplementary reading in preparing for the Exam FM of the Society of Actuaries and Exam 2 of the Casualty Actuarial Society.

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Theory of Interest and Life Contingencies With Pension Applications: A Problem Solving Approach

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