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Chapter 2. Cashflows. Manual for SOA Exam FM/CAS Exam 2.
 

Summary: 1/7
Chapter 2. Cashflows.
Manual for SOA Exam FM/CAS Exam 2.
Chapter 2. Cashflows.
Section 2.2. Method of equated time.
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.
2/7
Chapter 2. Cashflows. Section 2.2. Method of equated time.
Given the cashflow
Investments C1 C2 Cn
Time t1 t2 tn
we would like to find a time ~t such that a lump sum C = n
j=1 Cj
invested at time ~t is equivalent to the previous cashflow. To find ~t,
we solve the equation,

  

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

 

Collections: Mathematics