This is an introductory textbook covering the mathematics of interest rates, life contingencies and loss models. It can be adopted as the main text of a one-semester first course in the mathematics of interest rates and actuarial mathematics, using selected chapters and sections, as the main text of a one-semester first course in the mathematics of interest rates and investments, using all chapters in Part I, or as a supplementary text of a one-semester first course in actuarial mathematics, using all chapters in Part II.
This is an introductory textbook covering the mathematics of interest rates, life contingencies and loss models. It can be adopted as the main text of a one-semester first course in the mathematics of interest rates and actuarial mathematics, using selected chapters and sections, as the main text of a one-semester first course in the mathematics of interest rates and investments, using all chapters in Part I, or as a supplementary text of a one-semester first course in actuarial mathematics, using all chapters in Part II.