The Shoemaker's Wife Low Price CD A Novel |
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Author:
| Trigiani, Adriana |
Read by:
| Cassidy, Orlagh |
ISBN: | 978-0-06-228333-7 |
Publication Date: | Mar 2013 |
Publisher: | HarperCollins Publishers
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Imprint: | HarperAudio |
Book Format: | CD-Audio |
List Price: | USD $19.99 |
Book Description:
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. In actuarial science, the actuarial present value of a payment or series of payments which are random variables is the expected value of the present value of the payments, or equivalently, the present value of their expected values. Actuarial present values are calculated for the payment or series of payments associated with life insurance and life annuities....
More DescriptionPlease note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. In actuarial science, the actuarial present value of a payment or series of payments which are random variables is the expected value of the present value of the payments, or equivalently, the present value of their expected values. Actuarial present values are calculated for the payment or series of payments associated with life insurance and life annuities. In this case, the probability of a future payment is based on assumptions about the person's future mortality taking into account the person's age and an assumed life table, while the present value of those future assumed payments depend upon the interest rate used to discount them for the passage of time. The internal rate of return of a contract is the rate of return for which the actuarial present value of all cash flows is zero.