ACTUARIAL SCIENCE 303 - Theory of Interest and Life Insurance

Institution:

University of Wisconsin-Madison

Subject:

Description:

II; 3 cr (N-I). Application of calculus to compound interest and insurance functions; interest compounded discretely and continuously; force of interest function; annuities payable discretely and continuously; bonds and yield rates; life tables, life annuities, single and annual premiums for insurance and annuities; reserves. P: Math 234 or con reg, or cons inst.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.wisc.edu

Phone Number:

(608) 262-1234

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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