Description

Financial Mathematics for Actuarial Science: The Theory of Interest is concerned with the measurement of interest and the various ways interest affects what is often called the time value of money (TVM). Interest is most simply defined as the compensation that a borrower pays to a lender for the use of capital. The goal of this book is to provide the mathematical understandings of interest and the time value of money needed to succeed on the actuarial examination covering interest theory.

Key Features

  • Helps prepare students for the SOA Financial Mathematics Exam
  • Provides mathematical understanding of interest and the time value of money needed to succeed in the actuarial examination covering interest theory
  • Contains many worked examples, exercises and solutions for practice
  • Provides training in the use of calculators for solving problems
  • A complete solutions manual is available to faculty adopters online

Financial Mathematics For Actuarial Science: The Theory of Interest

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Hardback by Richard James Wilders

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Financial Mathematics for Actuarial Science: The Theory of Interest is concerned with the measurement of interest and the various ways... Read more

    Publisher: Taylor & Francis Ltd
    Publication Date: 04/02/2020
    ISBN13: 9780367253080, 978-0367253080
    ISBN10: 0367253089

    Number of Pages: 380

    Non Fiction , Mathematics & Science , Education

    Description

    Financial Mathematics for Actuarial Science: The Theory of Interest is concerned with the measurement of interest and the various ways interest affects what is often called the time value of money (TVM). Interest is most simply defined as the compensation that a borrower pays to a lender for the use of capital. The goal of this book is to provide the mathematical understandings of interest and the time value of money needed to succeed on the actuarial examination covering interest theory.

    Key Features

    • Helps prepare students for the SOA Financial Mathematics Exam
    • Provides mathematical understanding of interest and the time value of money needed to succeed in the actuarial examination covering interest theory
    • Contains many worked examples, exercises and solutions for practice
    • Provides training in the use of calculators for solving problems
    • A complete solutions manual is available to faculty adopters online

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