Compound Interest Simplified: The Commonwealth and International Library: Social Administration, Training, Economics, and Production Division

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Elsevier, May 17, 2014 - Business & Economics - 400 pages
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Compound Interest Simplified is designed to help the average student pass the Part C examination paper called Fundamentals of Compound Interest for the Associateship of the British Chartered Insurance Institute.
This book is organized into two parts. Part I discusses concepts relevant to compound interest. These include annuities in arrears and advance, capital redemption policies, yields on life fund and redeemable securities and the convertibility of effective and nominal interests. Part II provides a more detailed discussion of simple interest, abstractions, and logs and limits. The book also provides a plan of study, tips on examination procedures, and preparations for examinations.
This book will be of interest to students preparing of life insurance examinations and to students studying privately or by correspondence.
 

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Contents

The Syllabus in More Detail
219
APPENDIXES
317
A Brief Refresher Course on Solving Equations
319
Rules of Indices in Algebra and Arithmetic
329
Summing Geometric Progressions
343
Interpolation
347
Decimalizing Shillings and Pence
354
Index and Summary of Equations
362
Tables NOT hitherto supplied to CII Examination Candidates in the Examination room
376
Tables as hitherto supplied to CII Examination Candidates at the Examination
379
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