Textbook on actuarial science - covers theory of life contingency and its application to the calculation of premiums and contributions, and to valuation of life

Requiring only a background in high school algebra, Kaminsky's Financial Literacy: Introduction to the Mathematics of Interest, Annuities, and Insurance uses an

This second edition expands the first chapters, which focus on the approach to risk management issues discussed in the first edition, to offer readers a better

Financial and insurance calculations become more and more frequent and helpful for many users not only in their profession life but sometimes even in their pers