Pension Actuarial Mathematics
This 40-page publication on pension actuarial mathematics covers topics such as (I) interest and mortality, (II) cost methods, (III) amortization and contributions, and (IV) Duration and Convexity.Part I on interest and mortality includes mortality rates and survival functions, the theory of interest, commutation functions, and life annuity factors.Part II on cost methods includes the Unit Credit (UC) Cost Method, the Projected Unit Credit (PUC) Cost Method, the Entry Age Normal (EAN) Cost Method, and the Aggregate Cost Method.Part III on amortization and contributions includes calculating amortization periods, formulas for amortization factors, and contribution requirements.Part IV has formulas and examples for Duration and Convexity. Each of the four parts has an exercise set with an answer key and explanations.
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Pension Actuarial Mathematics
This 40-page publication on pension actuarial mathematics covers topics such as (I) interest and mortality, (II) cost methods, (III) amortization and contributions, and (IV) Duration and Convexity.Part I on interest and mortality includes mortality rates and survival functions, the theory of interest, commutation functions, and life annuity factors.Part II on cost methods includes the Unit Credit (UC) Cost Method, the Projected Unit Credit (PUC) Cost Method, the Entry Age Normal (EAN) Cost Method, and the Aggregate Cost Method.Part III on amortization and contributions includes calculating amortization periods, formulas for amortization factors, and contribution requirements.Part IV has formulas and examples for Duration and Convexity. Each of the four parts has an exercise set with an answer key and explanations.
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Pension Actuarial Mathematics
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Product Details
ISBN-13: | 9781499247169 |
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Publisher: | CreateSpace Publishing |
Publication date: | 04/23/2014 |
Series: | Math Books |
Pages: | 42 |
Product dimensions: | 8.50(w) x 11.00(h) x 0.09(d) |
Age Range: | 1 - 17 Years |
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