Compound Interest Simplified
The Commonwealth and International Library: Social Administration, Training, Economics, and Production Division
- 400 pages
- English
- PDF
- Available on iOS & Android
Compound Interest Simplified
The Commonwealth and International Library: Social Administration, Training, Economics, and Production Division
About This Book
Compound Interest Simplified is designed to help the average student pass the Part C examination paper called Fundamentals of Compound Interest for the Associateship of the British Chartered Insurance Institute. This book is organized into two parts. Part I discusses concepts relevant to compound interest. These include annuities in arrears and advance, capital redemption policies, yields on life fund and redeemable securities and the convertibility of effective and nominal interests. Part II provides a more detailed discussion of simple interest, abstractions, and logs and limits. The book also provides a plan of study, tips on examination procedures, and preparations for examinations. This book will be of interest to students preparing of life insurance examinations and to students studying privately or by correspondence.
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Table of contents
- Front Cover
- Compound Interest Simplified
- Copyright Page
- Table of Contents
- Foreword
- Preface
- Plan of Study
- PART I
- PART II: The Syllabus in More Detail
- APPENDIXES
- APPENDIX I: A Brief Refresher Course on Solving Equations
- APPENDIX 2: Rules of Indices in Algebra and Arithmetic
- APPENDIX 3: Summing Geometric Progressions
- APPENDIX 4: Interpolation
- APPENDIX 5: Decimalizing Shillings and Pence
- APPENDIX 6: Index and Summary of Equations
- APPENDIX 7: Tables NOT hitherto supplied to C.I.I. Examination Candidates in the Examination room
- APPENDIX 8: Tables as hitherto supplied to C.I.I. Examination Candidates at the Examination