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Chapter 1. Basic Interest Theory. Manual for SOA Exam FM/CAS Exam 2.
 

Summary: 1/21
Chapter 1. Basic Interest Theory.
Manual for SOA Exam FM/CAS Exam 2.
Chapter 1. Basic Interest Theory.
Section 1.2. Simple interest.
c 2009. Miguel A. Arcones. All rights reserved.
Extract from:
"Arcones' Manual for the SOA Exam FM/CAS Exam 2,
Financial Mathematics. Fall 2009 Edition",
available at http://www.actexmadriver.com/
c 2009. Miguel A. Arcones. All rights reserved. Manual for SOA Exam FM/CAS Exam 2.
2/21
Chapter 1. Basic Interest Theory. Section 1.2. Simple interest.
Simple interest
Under simple interest:
the interest paid over certain period of time is proportional to
the length of this period of time and the principal.
c 2009. Miguel A. Arcones. All rights reserved. Manual for SOA Exam FM/CAS Exam 2.
3/21
Chapter 1. Basic Interest Theory. Section 1.2. Simple interest.

  

Source: Arcones, Miguel A. - Department of Mathematical Sciences, State University of New York at Binghamton

 

Collections: Mathematics