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Chapter I ALGEBRAIC OPERATIONS ART PAGE 1 Introduction
Signs of Aggregation
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accumulate algebraic amortization annual payment annual premium annuity due assuming money worth bond book value cash cent compound interest converted annually converted quarterly converted semi-annually cost debt denote deposit depreciation reserve dividends endowment policy equal equal payments equated date equation of value Exercises expenses expression Find the amount Find the present focal date formula fraction geometrical progression graph Hence installments interest is converted interest rate interest were converted jobber Logarithms of Numbers mantissa marked price money is worth months multiplied mutually exclusive events Numbers To Five ordinary life policy paid payable semi-annually payment life policy period person aged present value principal probability problem purchase price pure endowment quadratic equation radicand rate of interest root schedule selling price simple interest single premium Solution Solve Example Substituting subtract Table I.—Common Logarithms Table IV.—Present Table VI.—Present Value taken at age terminal reserve y-intercept