Description: It is the purpose of this paper to demonstrate in a mathematically rigorous manner that compound interest as usually understood is uniquely given by [l+i]^t for all real t.

Description: Often an investor is offered an annuity for a fixed purchase price. The computation of the yield rate implied by this transaction must presently be computed by an iteration scheme, usually on a computer. With reasonable parameters, the problem of determining the yield rate can be readily solved with a desk calculator. From the Actuarial Research Clearing House 1982, Vol.1.

Description: An Abstract on Approximate Solution for the Unknown Rate of Interest for an Annuity Certain

Description: This paper develops and discusses various relations between the Uniform Death Distribution and the Balducci curve. From ACTUARIAL RESEARCH CLEARING HOUSE 1980, VOL. 2.

Description: The purpose of this paper is to introduce some actuarial applications of Tchebyshef's Inequality.

Description: Provides non-standard methods to determine correct answers to problems in life contingency examinations without necessarily solving the problem. Document includes population problems, problems using special rates of interest, and more.