Actuarial fm formulas Study guides, Class notes & Summaries

Effective Rate of Interest - i_t= [(A(t)-A(t-1)]/A(t-1) effective rate of interest equals accumulated amount at time t minus the accumulated amount at time t- 1 all over accumulated amount at time t-1 Effective Rate of Discount - d_t= [(A(t)-A(t-1)]/A(t) effective rate of interest equals accumulated amount at time t minus the accumulated amount at time t- 1 all over accumulated amount at time t Accumulation/Amount Function - A(t) = A(0)*a(t) Accumulated amount equals amount at times the a...