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Errata of Financial Mathematics for Actuaries by Wai-Sum Chan and Yiu-Kuen Tse (updated 21 August 2012) Page and

Line P35, L2 P178, L6 of Q5.66 P251, L1 & L2 in Rule 4 P228 P235, Q7.12(b) P313, L( 6) perpetuity equation (7.16) 3.0205% 3.0205% Error in book beginning Correction end add The sinking fund earns 4% per annum. after .. 4 years. perpetuity-immediate
S t i

1 Pt ( )

i1

1.

6.0814% 6.0814%

L( n) refers to nth line from the bottom.

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