000 02202cam a22004098i 4500
001 22166706
005 20250328154124.0
008 210805s2022 nju 001 0 eng
010 _a 2021036685
020 _a9789811243271
020 _a9789811245671
020 _z9789811243288
020 _z9789811243295
041 _aeng
042 _apcc
082 0 0 _a332.0151 CHA
100 1 _aChan, Wai Sum,
245 1 0 _aFinancial Mathematics for Actuaries
250 _a3rd
260 _aSingapore
_bWorld Scientific
_c2022
263 _a2110
264 1 _aNew Jersey :
_bWorld Scientific,
_c[2022]
300 _a345;. pages: 25 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
500 _aIncludes index.
520 _a"This book provides a thorough understanding of the fundamental concepts of financial mathematics essential for the evaluation of any financial product and instrument. Mastering concepts of present and future values of streams of cash flows under different interest rate environments is core for actuaries and financial economists. This book covers the body of knowledge required by the Society of Actuaries (SOA) for its Financial Mathematics (FM) Exam. The third edition includes major changes such as an addition of an "R Laboratory" section in each chapter, except for Chapter 9. These sections provide R codes to do various computations, which will facilitate students to apply conceptual knowledge. Additionally, key definitions have been revised and the theme structure has been altered. Students studying undergraduate courses on financial mathematics for actuaries will find this book useful. This book offers numerous examples and exercises, some of which are adapted from previous SOA FM Exams. It is also useful for students preparing for the actuarial professional exams through self-study"--
650 0 _aBusiness Mathematics
650 0 _aFinance
650 0 _aInsurance
650 0 _aActuarial science.
700 1 _aTse, Yiu Kuen,
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _cBK
999 _c43474
_d43474