Actuarial Mathematics
Learning Outcomes
On successful completion of this Course, students will be able to: Apply the time value of money and probability concept used in insurance; Analyze the concept of annuities and their relationship with interest, present and future value of an annuities; Analyze the concept of life insurance, annual premium and net premium.
Topics
- Principles of Financial Mathematics
- Brief Review of Probability
- Life Table
- Life Annuities
- Life Insurance
- Net Premium.
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