BCOM311 Basics of Actuarial Science GGSIPU B.COM 5th Sem Notes

Unit 1 [Book]  
Valuing Cash Flows: Time Value of Money VIEW
Accumulated Value, Valuing Multiple Regular Payments, Equations of Value, Application in Spreadsheets VIEW
Unit 2 [Book]  
Introduction to State Transitions: Two State Model (Active/Dead), Calculating Probabilities using the Two State Model VIEW
Unit 3 The Life Table: [Book]  
Introduction to the Life Table, Calculating Probabilities using the Life Table, Expected Present Value, Accumulated Value and Uncertainty VIEW
Unit 4 [Book]  
Simulations and the Simulation Output: The Life Insurance Company Scenario, Single Projection, Simulations, Analysing the Simulation Output, Adjustments to Reserves, Additional Scenarios VIEW

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