Need to calculate simple and compound interest rates...the future value of annuities...other money-related calculations? LOMA's  Intro to the Time Value of Money can help. The 1999 text gives employees of life and health insurance companies, banks, and other business concerns engaged in insurance activities an introduction to how money can grow over time.

Intro to the Time Value of Money uses concrete examples and a reader-friendly tone to give an overview of

• Simple and compound interest rates
• The future value of a single sum based on compounding
• Calculating the future value of an annuity
• The future value of an uneven stream of payments
• The present value of a single sum
• The present value of annuities
• How the time value of money affects product pricing, investments, and future obligations

Intro to the Time Value of Money is a self-study tool that can be used for company-sponsored training programs as well. It includes a useful glossary, quick checkup exercises at the end of each chapter, and a comprehensive quiz that covers all material.

A bonus — A diskette with LOMA's Time Value of Money Calculator software lets you practice and check calculations for industry products. It's also useful in calculating your personal finances.

If you want to go further — the guidebook provides a great basis for more in-depth study, available in LOMA's Managing for Solvency and Profitability in Life Insurance Companies (FLMI 371) and Financial Aspects of Annuities (AAPA 313).

To order, download a textbook order form or contact 
PBD Worldwide Fulfillment Services 
Phone: 1-800-887-3723
Fax: 770-442-9742 
E-mail: Lnh@pbd.com
Web site: www.pbd.com
Item # TVM-10-99.

For more information, e-mail education@loma.org
or call the Office of the Registrar at 770-984-3761.