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Excerpt from Introduction to Actuarial Science
In the more comprehensive meaning Of the term, actuarial science includes an expert knowl edge Of the principles of compound interest as well as the laws Of insurance probabilities. Pub lic accountants, however, are usually interested only in the interest phases of actuarial science, leaving the application Of the laws of insurance probabilities to the actuary, who ascertains the measurement Of risks and establishes tables of rates. This discussion of actuarial science will, therefore, be -restricted to the phases thereof which deal with compound interest.
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Introduction to Actuarial Science (Classic Reprint)
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Introduction to Actuarial Science (Classic Reprint)
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Introduction to Actuarial Science (Classic Reprint)
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Introduction to Actuarial Science (Classic Reprint)
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Paperback. Condizione: New. Print on Demand. This book delves into the fascinating world of compound interest, a powerful financial tool that can significantly impact investments and debts over time. While often misunderstood and even considered illegal in some contexts, the author demonstrates the essential role of compound interest in understanding financial growth and decline. Through clear explanations and practical examples, the book guides readers through fundamental concepts like interest rates, compounding frequency, and time value of money. It then progresses to more complex topics, including annuities, sinking funds, bond pricing, and leasehold premiums. The author skillfully demystifies these seemingly intricate financial instruments, revealing their underlying principles and demonstrating their real-world applications. This empowers readers to make informed financial decisions, whether planning for retirement, managing debt, or evaluating investment opportunities. Ultimately, this book illuminates the profound influence of compound interest on our financial lives, equipping readers with the knowledge and tools to navigate the world of finance with greater confidence and control. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9781332733699_0
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Introduction to Actuarial Science (Classic Reprint)
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Paperback. Condizione: Brand New. 114 pages. 8.90x5.91x0.47 inches. This item is printed on demand. Codice articolo zk1332733697
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Introduction to Actuarial Science (Classic Reprint)
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Condizione: acceptable. This copy has clearly been enjoyedâ"expect noticeable shelf wear and some minor creases to the cover. Binding is strong, and all pages are legible. May contain previous library markings or stamps. Codice articolo DBV.1332733697.A
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