MATH 456 - Theory of Interest and Life Contingencies


Theory of interest and contingent payment models. Mathematical models for the actuarial present value of a future set of payments contingent on some random event(s); life insurance, life annuities, benefit reserves.
Prerequisites: MATH 450A

Credit Hours: 4
Repeat/Retake Information: May be retaken three times excluding withdrawals, but only last course taken counts.

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