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  • Defining The Yield Rate
    Defining The Yield Rate The yield rate is that effective rate of interest at which the present ... the definition of yield found in Steve Kellison's text. Assumptions;Discount rates=Interest rates; ...

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    • Authors: Warren Luckner
    • Date: Jan 1980
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Actuarial Research Clearing House
    • Topics: Actuarial Profession>Professional development; Finance & Investments>Investments
  • Definitions for Compound and Simple Interest
    'if (1) a(l) = 1 + i and (2) a(t + s) = a(t)a(s) for all real s and t. The second statement may be ... follows: A $1 investment accumulates to a(t + s) after t + s years. If however the accumulated value is ...

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    • Authors: James D Broffitt, Stuart Klugman
    • Date: Jan 1982
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Actuarial Research Clearing House
    • Topics: Actuarial Profession>Professional development; Finance & Investments>Investments