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.
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© 1990 Springer-Verlag Berlin Heidelberg
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Gerber, H.U. (1990). The Mathematics of Compound Interest. In: Life Insurance Mathematics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-02655-7_1
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DOI: https://doi.org/10.1007/978-3-662-02655-7_1
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-662-02657-1
Online ISBN: 978-3-662-02655-7
eBook Packages: Springer Book Archive