# Financial Math FM

## Preface edit

This wikibook is intended to help prepare and review for the Society of Actuaries (SoA) Financial Math (FM) exam also called Exam 2 by the Casualty Actuarial Society (CAS). If you are looking for a more general introduction to financial math or you don't know what the SoA FM exam is, then this text is probably not for you.

This text will try to follow the SoA FM syllabus with an emphasis on problem solving and usage of financial calculator, in particular BA II Plus.

You may download the most update pdf version of this book by pressing 'Download as PDF' in the left hand side of print version page, or clicking here.

## Table of chapters edit

## Topics in current SOA exam FM syllabus edit- Time Value of Money
- Annuities
- Loans
- Bonds
- General Cash Flows and Portfolios
- Immunization
- Interest Rate Swaps
- Determinants of Interest Rates
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