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Summary: 1/12
Chapter 1. Basic Interest Theory.
Manual for SOA Exam FM/CAS Exam 2.
Chapter 1. Basic Interest Theory.
Section 1.6. Force of interest.
c 2008. Miguel A. Arcones. All rights reserved.
Extract from:
"Arcones' Manual for the SOA Exam FM/CAS Exam 2,
Financial Mathematics. Spring 2009 Edition",
available at http://www.actexmadriver.com/
c 2008. Miguel A. Arcones. All rights reserved. Manual for SOA Exam FM/CAS Exam 2.
2/12
Chapter 1. Basic Interest Theory. Section 1.6. Force of interest.
Force of interest
The force of interest t of an amount function A(t) is defined by
t = d
dt ln A(t) = A (t)
A(t) .
c 2008. Miguel A. Arcones. All rights reserved. Manual for SOA Exam FM/CAS Exam 2.
3/12
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