FM for Actuaries

List of Mathematical Symbols
xvii
Symbol
(Ia) n⌉
(Iä) n⌉
(Iā) n⌉
(Īā) n⌉
(Is) n⌉
(I¨s) n⌉
(I¯s) n⌉
(Ī¯s) n⌉
r (m)
¯r
r I
r N
r R
R A
R B
R D
R G
R L
R P
R S
R T
s n⌉
s n⌉ i
q|s n⌉ i
s (m)
n⌉
s (m)
n⌉i
Meaning
present value of an increasing annuity-immediate
present value of an increasing annuity-due
present value of an increasing continuous annuity
present value of a continuously increasing continuous annuity
future value of an increasing annuity-immediate
future value of an increasing annuity-due
future value of an increasing continuous annuity
future value of a continuously increasing continuous annuity
nominal rate of interest payable m times a year
continuously compounded rate of interest
rate of inflation
nominal rate of interest
real rate of interest
arithmetic mean rate of return
interest rate for borrowing
one-period DWRR (dollar-weighted rate of return)
geometric mean rate of return
interest rate for lending
rate of return for a portfolio
swap rate of an interest rate swap
one-period TWRR (time-weighted rate of return)
same as s n⌉
when the rate of interest is understood
i
future value of an annuity-immediate
future value of a q-period deferred annuity-immediate
same as s (m) when the rate of interest is understood
n⌉i
future value of an mn-payment annuity-immediate with
m payments per interest-conversion period