Learn the basics of cash flow vectors and their valuation with discount factors. You will then evaluate investments based on their net present value and build your own mortgage calculator. Finally, you will learn about fixed and variable interest rates; and annual and monthly rates.
Life tables play a vital role in life insurance products. In this chapter you will work with data sets from the Human Mortality Database by building meaningful visualizations to study the evolution of mortality data over age and time. You will also use survival and death probabilities.
You will now act as an actuary working in a life insurance company. Learn about the basics of life annuity products and their valuation by working on cases ranging from simple life annuities to retirement plans.
You will now deal with life insurance contracts. Learn how these products are relevant in your financial planning by designing whole life, temporary and endowment insurances.