Financial Mathematics For Actuarial Science
eBook - ePub

Financial Mathematics For Actuarial Science

The Theory of Interest

  1. 380 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Financial Mathematics For Actuarial Science

The Theory of Interest

About this book

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

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Financial Mathematics For Actuarial Science by Richard James Wilders in PDF and/or ePUB format, as well as other popular books in Business & Finance. We have over one million books available in our catalogue for you to explore.

Information

Publisher
CRC Press
Year
2020
Print ISBN
9780367253080
eBook ISBN
9781000033168
Edition
1
Subtopic
Finance

Table of contents

  1. Cover
  2. Half Title
  3. Title Page
  4. Copyright Page
  5. Dedication
  6. Contents
  7. Preface
  8. Author
  9. 1. Overview and Mathematical Prerequisites
  10. 2. Measuring Interest
  11. 3. Solving Problems in Interest
  12. 4. Annuities
  13. 5. Amortization Schedules and Sinking Funds
  14. 6. Yield Rates
  15. 7. Bonds
  16. 8. Exact Asset Matching and Swaps
  17. 9. Interest Rate Sensitivity
  18. 10. Determinants of Interest Rates
  19. Answers To Odd-Numbered Exercises
  20. Index