Foundations of Actuarial Mathematics: Life Insurance and Annuities

Lecture, three hours; discussion, one hour. Requisites: courses 32B, 170A or 170E (or Statistics 100A), 175 or 177. Introduction to mathematics associated with long-term insurance coverages. Single- and multiple-life survival models, annuities, premium calculations and policy values, reserves, pension plans and retirement benefits. Letter grading.

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23W 22F 20W

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