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Actuarial Mathematics For Life Contingent Risks By Howard R. Waters,
Mary R. Hardy, David C. M. Dickson (Hardback, 2013)

Actuarial Mathematics for Life Contingent Risks 2nd edition is the sole required text for the Society of Actuaries Exam MLC Fall 2015 and Spring 2016 It covers the entire syllabus for the SOA Exam MLC including new sections for Spring 2016 It is ideal for university courses and for individuals preparing for professional actuarial examinations - especially the new long-answer exam questions Three leaders in actuarial science balance rigor with intuition and emphasize practical applications using computational techniques to provide a modern perspective on life contingencies and equip students for the products and risk structures of the future The authors then develop a more contemporary outlook introducing multiple state models emerging cash flows and embedded options The 210 exercises
provide meaningful practice with both long-answer and multiple choice questions Furthermore the book has been updated to include new material on discrete time Markov processes on models involving joint lives and on universal life insurance and participating traditional insurance the Solutions Manual (ISBN 9781107620261) available for separate purchase provides detailed solutions to the text's exercises
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Actuarial Mathematics for Life Contingent Risks 2nd edition is the sole required text for the Society of Actuaries Exam MLC Fall 2015 & Spring 2016 It covers the entire syllabus for the SOA Exam MLC including new sections for Spring 2016 It is ideal for university courses & for individuals preparing for professional actuarial examinations
- especially the new long-answer exam questions Three leaders in actuarial science balance rigor with intuition & emphasize practical applications using computational techniques to provide a modern perspective on life contingencies & equip students for the products & risk structures of the future The authors then develop a more contemporary outlook introducing multiple state models emerging cash flows & embedded options The 210 exercises provide meaningful practice with both long-answer & multiple choice questions Furthermore the book has been updated to include new material on discrete time Markov processes on models involving joint lives & on universal life insurance & participating traditional insurance the Solutions Manual (ISBN 9781107620261) available for separate purchase provides detailed solutions to the text's exercises

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Contemporary - Modern era design
Contemporary - A design reference to indicate post war modern design
Students - A group of humans who are still in full time education
professional - A term used to describe products or people which may be focused on specialist educational training
Sole - The bottom of a shoe.
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Hardback - Referring to books something that is made from thick stiff card
Contemporary - An object that is living in the same time.
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Balance - Something that is evenly weighted to keep something upright.
Manual - A book of instructions to build or operate items, also a form of labour which your hands are used.
Practical - Weather a task is easy to carry out and realistically succeed.
Ideal - Something that satisfies a perfect criteria.

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