Standard Actuarial Notation (International Actuarial Notation)
Free SOA Exam FAM (Fundamentals of Actuarial Mathematics) lesson in Present Value Random Variables for Long-Term Insurance Coverages. 10 min read, ~1,449 words.
Two base symbols: = insurance, = annuity. Bar = continuous. Double dot = annuity-due. No accent on A = annual. No accent on a = immediate. Subscript = issue age. Angle = term. Pre-subscript = deferred. Superscript 1 over x = term insurance. Superscript 1 over n = pure endowment...
Read the full lesson, free →
Worked examples and practice. Free with a free account, no card.
What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Check Your Understanding
- Exam Shortcuts
Learning objectives
- 9e
Browse all free Exam FAM lessons or jump into free Exam FAM practice questions.