Mathematical Interest Theory

Mathematical Interest Theory PDF Author: Leslie Jane Federer Vaaler
Publisher: MAA
ISBN: 9780883857540
Category : Business & Economics
Languages : en
Pages : 504

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Book Description
Mathematical Interest Theory gives an introduction to how investments vary over time, and this book provides a solid foundation for readers embarking on actuarial careers.. This is done in a mathematically precise manner, but the emphasis is on practical applications and giving the reader a concrete understanding as to why the various relationships should be true. Modern financial topics including arbitrage, options, futures, and swaps are introduced. Along with an understanding of probability,this book provides a solid foundation for readers embarking on actuarial careers. It also includes detailed instruction on how to use the Texas Instruments BA II Plus and BA II Plus Professional calculators. This text is among the recommended reading options for the Society of Actuaries/Casualty Actuarial Society FM/2 exam.

Mathematical Interest Theory

Mathematical Interest Theory PDF Author: Leslie Jane Federer Vaaler
Publisher: MAA
ISBN: 9780883857540
Category : Business & Economics
Languages : en
Pages : 504

Get Book Here

Book Description
Mathematical Interest Theory gives an introduction to how investments vary over time, and this book provides a solid foundation for readers embarking on actuarial careers.. This is done in a mathematically precise manner, but the emphasis is on practical applications and giving the reader a concrete understanding as to why the various relationships should be true. Modern financial topics including arbitrage, options, futures, and swaps are introduced. Along with an understanding of probability,this book provides a solid foundation for readers embarking on actuarial careers. It also includes detailed instruction on how to use the Texas Instruments BA II Plus and BA II Plus Professional calculators. This text is among the recommended reading options for the Society of Actuaries/Casualty Actuarial Society FM/2 exam.

Mathematical Interest Theory: Third Edition

Mathematical Interest Theory: Third Edition PDF Author: Leslie Jane Federer Vaaler
Publisher: American Mathematical Soc.
ISBN: 147046568X
Category : Education
Languages : en
Pages : 581

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Book Description
Mathematical Interest Theory provides an introduction to how investments grow over time. This is done in a mathematically precise manner. The emphasis is on practical applications that give the reader a concrete understanding of why the various relationships should be true. Among the modern financial topics introduced are: arbitrage, options, futures, and swaps. Mathematical Interest Theory is written for anyone who has a strong high-school algebra background and is interested in being an informed borrower or investor. The book is suitable for a mid-level or upper-level undergraduate course or a beginning graduate course. The content of the book, along with an understanding of probability, will provide a solid foundation for readers embarking on actuarial careers. The text has been suggested by the Society of Actuaries for people preparing for the Financial Mathematics exam. To that end, Mathematical Interest Theory includes more than 260 carefully worked examples. There are over 475 problems, and numerical answers are included in an appendix. A companion student solution manual has detailed solutions to the odd-numbered problems. Most of the examples involve computation, and detailed instruction is provided on how to use the Texas Instruments BA II Plus and BA II Plus Professional calculators to efficiently solve the problems. This Third Edition updates the previous edition to cover the material in the SOA study notes FM-24-17, FM-25-17, and FM-26-17.

Student Solution Manual for Mathematical Interest Theory

Student Solution Manual for Mathematical Interest Theory PDF Author: Leslie Jane Federer Vaaler
Publisher: American Mathematical Soc.
ISBN: 0883857553
Category : Mathematics
Languages : en
Pages : 107

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Book Description
This manual is written to accompany Mathematical Interest Theory, by Leslie Jane Federer Vaaler and James Daniel. It includes detailed solutions to the odd-numbered problems. There are solutions to 239 problems, and sometimes more than one way to reach the answer is presented. In keeping with the presentation of the text, calculator discussions for the Texas Instruments BA II Plus or BA II Plus Professional calculator is typeset in a different font from the rest of the text.

Financial Mathematics For Actuarial Science

Financial Mathematics For Actuarial Science PDF Author: Richard James Wilders
Publisher: CRC Press
ISBN: 1000033163
Category : Business & Economics
Languages : en
Pages : 309

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Book Description
Financial Mathematics for Actuarial Science: The Theory of Interest is concerned with the measurement of interest and the various ways interest affects what is often called the time value of money (TVM). Interest is most simply defined as the compensation that a borrower pays to a lender for the use of capital. The goal of this book is to provide the mathematical understandings of interest and the time value of money needed to succeed on the actuarial examination covering interest theory Key Features Helps prepare students for the SOA Financial Mathematics Exam Provides mathematical understanding of interest and the time value of money needed to succeed in the actuarial examination covering interest theory Contains many worked examples, exercises and solutions for practice Provides training in the use of calculators for solving problems A complete solutions manual is available to faculty adopters online

The Mathematical Theory of Finite Element Methods

The Mathematical Theory of Finite Element Methods PDF Author: Susanne Brenner
Publisher: Springer Science & Business Media
ISBN: 1475736584
Category : Mathematics
Languages : en
Pages : 369

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Book Description
A rigorous and thorough mathematical introduction to the subject; A clear and concise treatment of modern fast solution techniques such as multigrid and domain decomposition algorithms; Second edition contains two new chapters, as well as many new exercises; Previous edition sold over 3000 copies worldwide

Number Theory and Its History

Number Theory and Its History PDF Author: Oystein Ore
Publisher: Courier Corporation
ISBN: 0486136434
Category : Mathematics
Languages : en
Pages : 404

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Book Description
Unusually clear, accessible introduction covers counting, properties of numbers, prime numbers, Aliquot parts, Diophantine problems, congruences, much more. Bibliography.

The Knot Book

The Knot Book PDF Author: Colin Conrad Adams
Publisher: American Mathematical Soc.
ISBN: 0821836781
Category : Mathematics
Languages : en
Pages : 330

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Book Description
Knots are familiar objects. Yet the mathematical theory of knots quickly leads to deep results in topology and geometry. This work offers an introduction to this theory, starting with our understanding of knots. It presents the applications of knot theory to modern chemistry, biology and physics.

The Theory of Interest

The Theory of Interest PDF Author: Stephen G. Kellison
Publisher: McGraw-Hill/Irwin
ISBN:
Category : Business & Economics
Languages : en
Pages : 472

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Book Description
1. The Measurement of Interest ; 2. Solution of Problems in Interest ; 3. Elementary Annuities ; 4. More General Annuities ; 5. Yield Rates ; 6. Amortization Schedules and Sinking Funds ; 7. Bond and Other Securities ; 8. Practical Applications ; 9. More Advanced Financial Analysis ; 10. A Stochastic Approach to Interest ; APPENDIXES I. Table of compound interest functions ; II. Table numbering the days of the year ; III. Basic mathematical review ; IV. Statistical background ; V. An introduction to finite differences ; VI. Iteration methods ; VII. Further analysis of varying annuities ; VIII. A general formula for amortization with step-rate amounts ofprinciple ; Bibliography ; Answers to the exercises ; Index.

Excursions in Number Theory

Excursions in Number Theory PDF Author: Charles Stanley Ogilvy
Publisher: Courier Corporation
ISBN: 9780486257785
Category : Mathematics
Languages : en
Pages : 196

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Book Description
Challenging, accessible mathematical adventures involving prime numbers, number patterns, irrationals and iterations, calculating prodigies, and more. No special training is needed, just high school mathematics and an inquisitive mind. "A splendidly written, well selected and presented collection. I recommend the book unreservedly to all readers." — Martin Gardner.

A Mathematical Theory of Evidence

A Mathematical Theory of Evidence PDF Author: Glenn Shafer
Publisher: Princeton University Press
ISBN: 0691214697
Category : Mathematics
Languages : en
Pages :

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Book Description
Both in science and in practical affairs we reason by combining facts only inconclusively supported by evidence. Building on an abstract understanding of this process of combination, this book constructs a new theory of epistemic probability. The theory draws on the work of A. P. Dempster but diverges from Depster's viewpoint by identifying his "lower probabilities" as epistemic probabilities and taking his rule for combining "upper and lower probabilities" as fundamental. The book opens with a critique of the well-known Bayesian theory of epistemic probability. It then proceeds to develop an alternative to the additive set functions and the rule of conditioning of the Bayesian theory: set functions that need only be what Choquet called "monotone of order of infinity." and Dempster's rule for combining such set functions. This rule, together with the idea of "weights of evidence," leads to both an extensive new theory and a better understanding of the Bayesian theory. The book concludes with a brief treatment of statistical inference and a discussion of the limitations of epistemic probability. Appendices contain mathematical proofs, which are relatively elementary and seldom depend on mathematics more advanced that the binomial theorem.