Many of the earliest books, particularly those dating back to the 1900s and before, are now extremely scarce and increasingly expensive. We are republishing these classic works in affordable, high quality, modern editions, using the original text and artwork.
Author(s): Richardson C.H.
Year: 1946
Language: English
Pages: 263
FINANCIAL MATHEMATICS......Page 1
PREFACE......Page 3
CONTENTS......Page 5
USEFUL FORMULAS......Page 10
CHAPTER I. SIMPLE INTEREST AND DISCOUNT......Page 11
CHAPTER II. COMPOUND INTEREST AND COMPOUND DISCOUNT......Page 45
CHAPTER III. ANNUITIES CERTAIN......Page 67
CHAPTER IV. SINKING FUNDS AND AMORTIZATION......Page 121
CHAPTER V. DEPRECIATION......Page 132
CHAPTER VI. VALUATION OF BONDS......Page 151
CHAPTER VII. PROBABILITY AND ITS APPLICATION IN LIFE INSURANCE......Page 171
CHAPTER VIII. LIFE ANNUITIES......Page 192
CHAPTER IX. LIFE INSURANCE, NET PREMIUMS (SINGLE AND ANNUAL)......Page 208
CHAPTER X. VALUATION OF POLICIES. RESERVES......Page 222
CHAPTER XI. GROSS PREMIUMS, OTHER METHODS OF VALUATION, POLICY OPTIONSAND PROVISIONS, SURPLUS AND DIVIDENDS......Page 231
REVIEW PROBLEMS......Page 247
TABLE I. COMMON LOGARITHMS OF NUMBERS......Page 255
TABLE II. COMMON LOGARITHMS OF NUMBERS From 1.00000 to 1.100000......Page 273
TABLE III. COMPOUND AMOUNT OF 1......Page 275
TABLE IV. PRESENT VALUE or 1......Page 285
TABLE V. AMOUNT OF ANNUITY OF 1 PER PERIOD......Page 295
TABLE VI. PRESENT VALUE OF ANNUITY OF 1 PER PERIOD......Page 305
TABLE VII. PERIODICAL PAYMENT OF ANNUITY WHOSE PRESENT VALUE is 1......Page 315
TABLE VIII. COMPOUND AMOUNT OF 1 FOR FRACTIONAL PERIODS......Page 325
TABLE IX. NOMINAL RATE j WHICH IF CONVERTED p TIMES PER YEAR GIVES EFFECTIVE RATE i......Page 326
TABLE X. THE VALUE OF THE CONVERSION FACTOR......Page 327
TABLE XI. AMERICAN EXPERIENCE TABLE OF MORTALITY......Page 328
TABLE XII. COMMUTATION COLUMNS, SINGLE PREMIUMS, AND ANNUITIESDUE.......Page 329
ANSWERS TO EXERCISES AND PROBLEMS......Page 333
INDEX......Page 349
