Mathematics
MATH 4682: Theory of Interest and Basics of Life Insurance 1
Lecture - 4 credits
ND
EI
IC
FQ
SI
AD
DD
ER
WF
WD
WI
EX
CE
- Reviews basic financial instruments in the presence of interest rates, including the measurement of interest and problems in interest (equations of value, basic and more general annuities, yield rates, amortization schedules, bonds and other securities).
- Examines numerous practical applications.
- Also introduces problems of life insurance with examples.
- May be especially useful for students preparing for the second actuarial exam on theory of interest.
Reviews basic financial instruments in the presence of interest rates, including the measurement of interest and problems in interest (equations of value, basic and more general annuities, yield rates, amortization schedules, bonds and other securities). Show more.
Pre-requisites