Financial mathematics for actuarial science : the theory of interest /
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...
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Main Author: | |
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Format: | Electronic eBook |
Language: | English |
Published: |
Boca Raton :
CRC Press,
2020.
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Subjects: | |
Online Access: | Taylor & Francis OCLC metadata license agreement |
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Summary: | 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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Physical Description: | 1 online resource |
ISBN: | 9780429287107 0429287100 9781000033168 1000033163 9781000033106 1000033104 |