Financial Mathematics topic-wise notes. An easy and straight forward approach to study Financial Mathematics.

Interest

The most common investment is the investment of money at interest.

Simple Interest

The total amount after the accumulation of interest.

Compound Interest

Compound interest formula because simple interest formula is not practicable in real life.

Varying Interest Rate

Compound interest formula for varying interest rate.

Interest for different Compounding Periods

The formula for Interest for different Compounding Periods and calculations.

Continuous Interest

The basis for continuous interest, a practical example.

Accumulation Factor

Accumulation factor and different form of the formula.

Accumulation Factor Ratio

Principle of Consistency

Force of Interest

Theorem: Accumulation Factor and Force of Interest

Effective Interest Rate and Force of Interest

Rate of Interest Convertible Fractionally

Internal Rate of Return (IRR)

Annuities Payable at Intervals

**Financial Mathematics Lecture Notes**

Financial Mathematics notes for Actuarial Science or Actuarial Mathematics CT1 paper. View online (or download in PDF) the step by step lecture notes for Financial Mathematics CT1 paper of the Institute of Actuaries.