Description: This book, "An Introduction to the Mathematics of Finance" was written primarily for actuarial students in the U.K. develops the classical theory of compound interest (in which the force of interest is constant) as a special case of a more general model. It covers basic compound interest functions, nominal rate of interest, and internal rate of return, and there are many examples on discounted cash flow.

Description: This report presents multiple book reviews with chapter by chapter detail: 'Our Yesterdays: the History of the Actuarial Profession in North America, 1809-1979' by E. J. Moorhead, 'Actuarial Mathematics' by Bowers, Gerber, Hickman, Jones and Nesbitt, 'Actuarial Projections for the Old-Age, Survivors, and Disability Insurance Program in the United States of America' by Andrews and Beekman, 'An Introduction to the Mathematics of Finance' by McCutcheon and Scott, 'On the Trail of Actuaries in Texas, 1844-1964' by Friedman and Friedman. 'From Transactions of Society of Actuaries 1988, Vol. 40, Pt. 2.

Description: This dissertation is about methods for assessing mortality risk in regard to insurance and annuity transactions. Although the basic methods and formulas are general, most of the applications made here deal with life annuity transactions, with particular emphasis on pension situations.

Description: This note presents theories and formulas for policy changes. From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.