General Effective Rates (Actuarial Exam FM – Financial Mathematics – Module 1, Section 9)

AnalystPrep's Actuarial Exams Video Series
SOA Exam FM (Financial Mathematics) Module 1, Section 9

After completing this video you should be able to:
- Define and recognize the definitions of the following terms: effective interest rates, effective discount rates.
- Find the periodic effective interest or discount rate from time 𝑡=𝑘 to time 𝑡=𝑛
- Find the periodic effective interest or discount rate the 𝑘th period (from time 𝑡=𝑘−1 to time 𝑡=𝑘)

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