Description

This is a comprehensive compilation (H1 - 95) of information from ACTL10001 lectures, the textbook, tutorials, practicals, workshops, problem booklets and other useful sources I found online to aid my study. Topics covered include: - Simple interest - Compound interest - Annuities (arrear, deferred) - Nominal and effective interest rates - Force of interest - Estimating yield to maturity using linear interpolation - Amortisation of loans - Demography (population models, force of mortality, population pyramids) - Life tables - Fertility - Contingent payments (endowment insurance, whole life insurance, term insurance) - Law of Large Numbers Each section (particularly the harder concepts) is supported by easy to read and understand dot points, diagrams, pictures and thorough example exam-style questions. Derivations of all formulae are also included. Includes all summarised formulae required to know for each topic. I received an H1 (95) for this subject, so I can promise you these are trustworthy notes worth using to boost your mark! :)


UniMelb

Semester 2, 2017


86 pages

17,000 words

$29.00

16

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