Dec 17, 2024  
Undergraduate Catalog | 2017-2018 
    
Undergraduate Catalog | 2017-2018 Previous Edition

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MATH 3229 - Actuarial Science IIA


Life contingent models and application to insurance and annuities.  Survival distribution: probability functions, life tables, force of mortality, mortality laws, life expectancy, select mortality; Insurance: continuous and discrete, moments, percentiles, recursive formulas; Annuities: continuous and discrete, whole life, temporary, deferred, actuarial present and accumulated values, moments, percentiles, recursive formulas; Premiums: benefit premiums for continuous and discrete insurance, gross premiums, variance of future loss.  This course is the first of two preparatory courses for Actuarial Exam MLC.

Credit Hours: (3)
Prerequisite(s): MATH 3122  and MATH 3228 , or permission of department.


Schedule of Classes




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