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Mathematical Interest Theory, by James W. Daniel, Leslie Jane Federer Vaaler
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Written in a reader-friendly manner, this reference is designed to meet the needs of readers who want to master the interest theory and finance topics addressed in the Financial Mathematics exam. Requires an algebra background; calculus not a prerequisite. Encourages readers to practice writing throughout, and more than 30 end-of-chapter writing exercises are included. Provides more than 240 worked examples in a wide range of difficulty. Features abundant examples, discussion, and problems throughout. A useful guide for readers planning to take the Financial Mathematics exam.
Mathematical Interest Theory, 1/E
James W. Daniel
Leslie Jane Federer Vaaler
- Sales Rank: #256059 in Books
- Published on: 2006-03-31
- Original language: English
- Number of items: 1
- Dimensions: 9.24" h x 1.21" w x 6.22" l, 1.77 pounds
- Binding: Hardcover
- 512 pages
Most helpful customer reviews
8 of 8 people found the following review helpful.
Purchase at your own risk
By Susie Homemaker
To begin with, I think that this book is written for those who already have a familiarity with the material. Just so you know my experience with this book, I took a college math course where this was the required text. I soon found out, that the examples through the chapter were decent, but the questions at the end had little or no correlation to those previously read in the chapter. I should add that what made these questions decent is that you could decipher the meaning of the chapter examples because the examples solutions were directly after.
I think that if the author spent a little more time making the review problems a little more understandable and similar to those seen previously, than thinking up different names for the people in every single problem, He may have written a decent book. And that is a BIG MAYBE!
If you are thinking of purchasing this book to prepare for the Actuary FM Exam, DON'T. Stick to the ones on the SOA recommended list, or one of the Temple or Actex study manuals.
3 of 3 people found the following review helpful.
Stick to SOA/CAS Syllabi
By Danial Lee Sellers
I used this text in a class designed to prepare me for my FM exam. It didn't. The text has some usefull calculator exercises but the homework problems are not comensurate with the level of difficulty in the section examples. If you are preparing for the actuarial FM exam, don't use this book. Stick to the texts reccomended by the SOA and CAS.
5 of 6 people found the following review helpful.
I won't buy it
By G. Holewik
If it hadn't been a required textbook, I won't buy this.
It is written too technical for a beginner and I had to struggle with it.
I thought it was just me, but when I ask my classmates, a few of them have the same problem......be prepared to spend time re-reading it a few times before understanding the material presented in some areas.
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