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The Mathematics of Compound Interest

Hans U. Gerber
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Hans U. Gerber: Université de Lausanne, Ecole des H. E. C.

Chapter Chapter 1 in Life Insurance Mathematics, 1990, pp 1-14 from Springer

Abstract: Abstract To life insurance mathematics primarily two areas of mathematics are fundamental: the theory of compound interest and probability theory. This chapter gives an introduction to the first topic. The probabilistic model will be introduced in the next chapter; however, it is assumed that the reader is familiar with the basic principles of probability theory.

Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-662-02655-7_1

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DOI: 10.1007/978-3-662-02655-7_1

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