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Calculus 2, Lec 23A, Actuarial Present Values for Triangular Lifetimes, Def of Convergence of Series
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Calculus 2, Lecture 23A. Actuarial Present Values for Triangular Lifetimes, Definition of Convergence for Series.
(0:00) Overview of Lectures #23A and #23B.
(1:17) Where have we been and where are we going in Calculus 2?
(8:26) Summary of results and interpretations of actuarial present value of a single payment, based on a triangular distribution for the lifetime of a washing machine.
(19:35) Summary of results and interpretations of actuarial present value of an income stream (cash flow into your bank account from your retirement account), based on a triangular distribution for a person's remaining life after they retire at age 75.
(30:48) Definition of convergence of an infinite series.
(0:00) Overview of Lectures #23A and #23B.
(1:17) Where have we been and where are we going in Calculus 2?
(8:26) Summary of results and interpretations of actuarial present value of a single payment, based on a triangular distribution for the lifetime of a washing machine.
(19:35) Summary of results and interpretations of actuarial present value of an income stream (cash flow into your bank account from your retirement account), based on a triangular distribution for a person's remaining life after they retire at age 75.
(30:48) Definition of convergence of an infinite series.