Usage Tutorial

This section contains TmVal usage instructions. The order of topics will loosely follow the order of syllabus texts on the Financial Mathematics actuarial exam, or a book on interest theory.

• Growth
  • Simple Interest
  • Compound Interest
  • Amount Functions
  • Accumulation Functions
  • Interest
  • The Rate Class
  • A Friendly Reminder
  • Tiered Accounts
  • Discount
  • Interest-Discount Relationships
  • Time Value of Money
  • Nominal Interest
  • Interest-Discount Rate Conversions
  • Force of Interest
  • The Rate Class, Revisited
  • The Investment Year Method
• Value
  • The Payments Class
  • Net Present Value
  • Equations of Value
  • Equated Time
  • Dollar-Weighted Yield
  • Approximate Dollar-Weighted Yield Rate
  • Time-Weighted Yield
• Annuities
  • Annuities-Immediate
  • Annuities-Due
  • Perpetuities
  • Deferred Annuities
  • Nonlevel Annuities
  • Nonlevel Annuities - Geometric Progression
  • Nonlevel Annuities - Arithmetic Progression
  • Perpetuities - Arithmetic Progression
  • Nonintegral Terms
  • General Accumulation Functions
• Loans
  • Outstanding Loan Balance - Retrospective Method
  • Outstanding Loan Balance - Prospective Method
• Bonds
  • Zero-Coupon Bonds
  • Coupon Bonds
  • Nonlevel Coupons
  • Bond Premium and Discount
  • Makeham’s Formula
• Pandas Compatibility