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Undergraduate Catalog | 2015-2016 
    
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Undergraduate Catalog | 2015-2016 Previous Edition

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MATH 3129 - Actuarial Science IIA

Credit Hours: (3)

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.

Prerequisite(s): MATH 3122  and MATH 3128 , or permission of department.


Schedule of Classes



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