Interest and Life Contingencies: Notes and Paper (Classic Reprint) - Hardcover

Institute Of Actuaries Students'' Society

Hardcover

ISBN 10: 0331912813 ISBN 13: 9780331912814

Publisher: Forgotten Books, 2018

Synopsis

A practical guide for students and professionals working with life contingencies and actuarial calculations.

This edition frames Part II as reading notes for a text-book approach to calculus in actuarial work. It emphasizes turning algebra into arithmetical results and using methods like Woolhouse, Lubbock’s formula, and Euler–Maclaurin expansions to value survivals, annuities, and policies.

Readers will find guidance on how to study without a tutor, how to approach select mortality tables, and how to translate theoretical formulas into real-world policy values and reserves. The material balances theory with concrete examples and cautions against relying on algebra alone.

• Clear explanation of how calculus applies to statistics and life contingencies
• Practical methods for approximating integrals and differential coefficients
• Discussion of select lives, policy values, and first-year risks in life offices
• Structured notes to aid self-study and classroom reading

Ideal for readers of actuarial science who want a grounded, practice-oriented introduction to the calculus of life contingencies.

Edition details

• Publisher: Forgotten Books
• Publication date: 2018
• Language: English
• ISBN 10: 0331912813
• ISBN 13: 9780331912814
• Binding: Hardcover
• Number of pages: 57