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×Charlotte, North Carolina
Long-Term Actuarial Mathematics. Introduction to long-term insurance; Survival distribution: probability functions, life tables, force of mortality, mortality laws, life expectancy, select mortality; Insurance: continuous and discrete, moments, recursive formulas; Annuities: continuous and discrete, actuarial present and accumulated values, moments, recursive formulas; Premiums: net premiums for continuous and discrete insurances, gross premiums, variance of future loss. This course is the first of two preparatory courses for Actuarial Exam LTAM.
Units: 3.0