In preparation for SOA Exam FM / CAS Exam 2, the Financial Math for Actuaries: From Rates to Annuities course will give you opportunities to better understand the time value of money through these learning activities:
- Perform calculations relating to the present value, current value, and accumulated value of cash flows, using rates of interest, rates of discount and the force of interest.
- Calculate the present value, current value, and accumulated value for sequences of non-contingent payments (annuities).
- Reflect payment timing, longevity, and arithmetic/geometric payment changes in the annuity valuation process.
