Introduction to Actuarial Science (Classic Reprint)

Harry Anson Finney

ISBN 10: 1332733697 / ISBN 13: 9781332733699

Editore: Forgotten Books, 2017

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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.

Codice articolo 9781332733699_0

Dati bibliografici

• Titolo: Introduction to Actuarial Science (Classic Reprint)
• Editore: Forgotten Books
• Data di pubblicazione: 2017
• Lingua: Inglese
• ISBN 10: 1332733697
• ISBN 13: 9781332733699
• Rilegatura: Paperback
• Condizione: New
• Tipo di libro: print-on-demand item
• Cataloghi dei venditori:
  • Accounting

Descrizione articolo

Riassunto

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.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.