The (General) Force of Interest (Actuarial Exam FM-Financial Mathematics-Module 1, Section 8, P1)

[@molinablitz]

this really helped me a lot as i am trying to learn for the actuarial exam (I am a metallurgical engineering student and am trying to study the book "Theory of Interest" by Kellison in my not so free time by myself), thank you :)

[@analystprep]

Glad it helped!

[@junal27]

Hello, how was your test?, I am also and engineer transitioning in SOA exams and wonder how is your experience, thanks

[@dawaiira4512]

why did we use I=prt, would this mean that the force of interest formula only works with simple interest?

[@artbytim2593]

The annual force of interest at time 't' given by ∆(t)=a-b^0.2t, where 'a' & 'b' are constants.Given that an initial investment of £100 at time 0 accumulates to £140 after 5 years and £180 after 10 years, find 'a' &'b'. I need help solving this question 🙏

[@lynny7868]

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