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Actuaries make financial sense of the future by combining techniques of risk and finance. The actuarial profession was formed in 1848 but long before then mathematicians were producing tables in these two areas, starting with the relatively simple concepts of compound interest and probabilities of survival. This chapter shows how actuarial tables have developed over the past four centuries.
Keywords: actuaries; mathematical tables; numerical tables; compound interest tables
Chapter. 9008 words. Illustrated.
Subjects: History of Mathematics
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