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On the derivation of approximate actuarial formulae

Published online by Cambridge University Press:  20 April 2012

V. C. P. Drastik
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Extract

This paper has been written to present a new approach to the determination of approximate actuarial formulae. The method employed involves using certain desirable conditions to find the values of arbitrary parameters in a general formula. It is considered that the best way to introduce the new method is by example, consisting of applications of the new technique to some practical problems in the theory of compound interest.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 106 , Issue 1 , June 1979 , pp. 47 - 60
Copyright
Copyright © Institute and Faculty of Actuaries 1979

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References

REFERENCES

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