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Introduction to Actuarial Mathematics (Financial Mathematics for Actuaries)
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All Notes and Problems are Copyright 2010 by Steve Paris.
All rights reserved. Reproduction in whole or in part without the express written permission from the author is strictly prohibited.
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Interest Theory Manual Notes, Problems, and Answers to Problems
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Module 1 - Section 1 Accumulation Functions

Module 1 - Section 2 Simple and Compound Interest

Module 1 - Section 3 Simple and Compound Discount

Module 1 - Section 4 General Force of Interest

Module 1 - Section 5 Summary

Module 2 - Section 1 Annuities - Definition, Terminology, and Notation

Module 2 - Section 2 Basic Annuity Formulas

Module 2 - Section 3 Basic Upper m Notation

Module 2 - Section 4 Basic Level Continuous Annuities

Module 2 - Section 5 Geometric Annuities

Module 2 - Section 6 Arithmetic Annuities

Module 2 - Section 7 Advanced Upper m and Continuous Annuities

Module 2 - Section 8 Summary of Annuity Formulas

Module 3 - Section 1 Loan Repayment - Amortization Method

Module 3 - Section 2 Loan Repayment - Sinking Fund Method

Module 3 - Section 3 Loan Repayment - Adhoc Methods

Module 3 - Section 4 Bond Introduction

Module 3 - Section 5 Bond Amortization Schedule

Module 3 - Section 6 Callable Bonds

Module 4 - Section 1 Inflation

Module 4 - Section 2 Dollar and Time Weighted Rates

Module 4 - Section 3 Portfolio Year and Investment Year Methods

Module 4 - Section 4 Term Structure of Interest Rates, et al.

Module 4 - Section 5 Duration

Module 4 - Section 6 Asset-Liability Management (Immunization and Dedication)

Addendum to Module 4 - Section 6 (Macaulay and Modified) Duration and Convexity

Old Test 1's and SOA Problems from Module 1 (pdf files)
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Test 1 from Fall 2011 (Solutions)

Test 1 from Fall 2012 (Solutions)

Test 1 from Summer 2013 (Solutions)

Test 1 from Fall 2013 (Solutions)

Test 1 from Spring 2014 (Solutions)

Test 1 from Summer 2014 (Solutions)

Test 1 from Fall 2014 (Solutions)

Test 1 from Summer 2015 (Solutions)

Test 1 from Summer 2016 (Solutions)

Test 1 from Summer 2017 (Solutions)

Module 1 SOA Problems and (My Solutions)

Old Test 2's and SOA Problems from Module 2 (pdf files)
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Test 2 from Fall 2011 (Solutions)

Test 2 from Fall 2012 (Solutions)

Test 2 from Summer 2013 (Solutions)

Test 2 from Fall 2013 (Solutions)

Test 2 from Spring 2014 (Solutions)

Test 2 from Summer 2014 (Solutions)

Test 2 from Fall 2014 (Solutions)

Test 2 from Summer 2015 (Solutions)

Test 2 from Summer 2016 (Solutions)

Test 2 from Summer 2017 (Solutions)

Module 2 SOA Problems and (My Solutions)

Old Test 3's and SOA Problems from Module 3 (pdf files)
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Test 3 from Fall 2011 (Solutions)

Test 3 from Fall 2012 (Solutions)

Test 3 from Summer 2013 (Solutions)

Test 3 from Fall 2013 (Solutions)

Test 3 from Spring 2014 (Solutions)

Test 3 from Summer 2014 (Solutions)

Test 3 from Fall 2014 (Solutions)

Test 3 from Summer 2015 (Solutions)

Test 3 from Summer 2016 (Solutions)

Test 3 from Summer 2017 (Solutions)

Module 3 SOA Problems and (My Solutions)

Old Test 4's and SOA Problems from Module 4 (pdf files)
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Test 4 from Fall 2011 (Solutions)

Test 4 from Fall 2012 (Solutions)

Test 4 from Summer 2013 (Solutions)

Test 4 from Fall 2013 (Solutions)

Test 4 from Spring 2014 (Solutions)

Test 4 from Summer 2014 (Solutions)

Test 4 from Fall 2014 (Solutions)

Test 4 from Summer 2015 (Solutions)

Test 4 from Summer 2016 (Solutions)

Test 4 from Summer 2017 (Solutions)

Module 4 SOA Problems and (My Solutions)

Notes on the Recent Additional Material Added to Exam FM
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Duration and Changing Interest Rates and (Solutions to SOA Sample Questions on This)

Interest Rate Swaps and (Solutions to SOA Sample Questions on This)

T-Bills and Key Interest Rates and (Solutions to SOA Sample Questions on This)

Some Of My Other FSU Websites
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My FSU webpage has all of my contact information.



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Last modified: May 11th, 2015