Institute of Actuaries', Vol. 1: Text-Book of the Principles of Interest, Life Annuities, and Assurances, and Their Practical Application (Classic Reprint) - Couverture souple
Synopsis
Excerpt from Institute of Actuaries'', Vol. 1: Text-Book of the Principles of Interest, Life Annuities, and Assurances, and Their Practical Application
The Council of the institute or actuaries, while recognizing the skill with which the first text-book, Part I., on Interest, had been written, felt that in some ways it might be made more suitable for the students for whom it was intended. When, therefore, a new edition was needed, they laid the matter before Mr. Todhunter, requesting him to consider it from this point of View, giving him full liberty to act as he might think best. He found it desirable to re-write the volume.
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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.
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Institute of Actuaries', Vol. 1 (Classic Reprint)
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Paperback. Etat : New. Print on Demand. This book provides a comprehensive exploration of the theory of compound interest and annuities. Delving into a topic crucial to financial understanding since the dawn of banking, the author meticulously unpacks the underlying principles of interest accumulation, discounting, and the intricate mathematics of annuities. The work is designed to be accessible to students with varying levels of prior knowledge, with a dedicated chapter on the fundamentals of the infinitesimal calculus for those unfamiliar with the subject. The author thoroughly examines the relationships between nominal and effective rates of interest, meticulously defining and illustrating these concepts with clear examples. The book goes further, examining the impact of varying interest rates and the complexities of financial transactions involving multiple payments or debts. By illuminating the crucial interplay of time, principal, and interest, the author provides a foundation for understanding the core mechanisms of financial transactions, offering valuable insight into the dynamics of debt, investment, and the determination of fair pricing in various financial scenarios. 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. print-on-demand item. N° de réf. du vendeur 9781332144686_0
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Institute of Actuaries', Vol. 1
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
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PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332144686
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Institute of Actuaries', Vol. 1
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 4 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332144686
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Expédition depuis Royaume-Uni vers Etats-Unis
Quantité disponible : 15 disponible(s)