Variable Force of Interest

preview_player
Показать описание
This video expands the concept of continuously compounded interest rates or the Force of Interest, by deriving a variable force of interest δ(t). Accumulation and discount functions are derived, in order to calculate future and present values using a continuous interest rate that varies as a function of time.

All concepts are summarised at the end, along with some exam tips.

This video is useful if you are writing the CM1 or A211 actuarial exam.

------

🎵 Music Credit:
Рекомендации по теме