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Actuarial Mathematics > Chapter 6: Real and Money Interest > Flashcards

Chapter 6: Real and Money Interest Flashcards

1
Q

Formula for Simple Interest Rate?

A

C*(1+ni)

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2
Q

Formula for Compound Interest Rate?

A

C*(1+i)^n

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3
Q

Formula for Accumulation Factor?

A

A(t1,t2) = C2/C1

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4
Q

Formula for PV?

A

PV= C/ (1+i)^n =C*v^n

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5
Q

Formula for Discount Factor?

A

v = (1+i)^-n

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6
Q
A
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Actuarial Mathematics (7 decks)

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