Lemma

20% of syllabus · Survival models, life tables, life annuities/assurances, joint life and multiple decrements.

Lemma · IAI CM1

Derivation-first CM1 prep that respects prerequisites

10 free lessons · master each atom before the next unlocks

Start Lesson 1

Your path through Decrement and Multiple Life Models

5 lessons in one prerequisite chain. Master each stop to unlock the next — derivation-first, atom by atom.

  1. Survival and mortality probabilities

    Start

    Define the future-lifetime random variable, survival probabilities tpx, mortality tqx and the force of mortality.

    2 atoms · Founding member · Entry lesson

  2. Life tables and select/ultimate mortality

    Open

    Read life-table functions lx and dx, and handle select and ultimate mortality with a selection period.

    2 atoms · Founding member · After lesson 1

  3. Life annuities and assurances on a single life

    Open

    Compute the expected present value of whole-life and term assurances and annuities on a single life.

    2 atoms · Founding member · After lesson 2

  4. Joint life and last survivor

    Open

    Value benefits contingent on the joint-life and last-survivor statuses of two lives.

    2 atoms · Founding member · After lesson 3

  5. Multiple decrement models

    Open

    Extend the survival model to several modes of exit and relate dependent and independent decrement rates.

    2 atoms · Founding member · After lesson 4

Lemma — Azure AI Fundamentals (AI-901) prep