Hi all, a question around proofs to learn.. when looking at the learning objectives, it says to 'derive the relationship between the rates of i and d over one effective period arithmetically and by general reasoning' would this be around page 20 of the chapter and q3.12 page 21? are there any other proofs to learn for this chapter? thanks in advance
To be honest, the only proofs that get tested in the CT1 IFoA exam are increasing annuities from Chapter 7, forward contract from Chapter 13, volatility = v*DMT in Chapter 14 and the mean and variance of accumulations in Chapter 15.
