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Consortium for Mathematics and its Applications

Product ID: 99699
Supplementary Print
Undergraduate

Mortality Discount (UMAP)

Author: Ho Kuen Ng


A unit that applies the mathematics of finance to actuarial science. This module introduces the basic theory of life contingencies.

Table of Contents:

INTRODUCTION

MORTALITY DISCOUNT

PURE ENDOWMENT

LIFE ANNUITY

LIFE INSURANCE

GENERALIZATIONS

ANSWERS TO EXERCISES

ABOUT THE AUTHOR

©1989 by COMAP, Inc.
UMAP Module
11 pages

Mathematics Topics:

Probability & Statistics , Discrete & Finite Mathematics , Business Mathematics

Application Areas:

Business & Economics , Actuarial Science, Insurance

Prerequisites:

Basic concepts of compound interest and probability

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