2013/7/21 Tom Davies <tomdavie...@yahoo.co.uk>

> Hi :)
> Sorry i am not completely clear about 2 crucial things
> 1.  What is the string as is?
>

Returns the actuarial rate of interest of an investment excluding costs or
profits


> 2.  What is the suggested alternative?
>

Compute the internal rate of return for a series of cash flows

Stated by ODFF.




>
> I couldn't find the Oasis definitions and i loathe looking through MS
> Office anything.  The link given seems to be specifically about healthcare
> but may not have been written by someone that really knows what they are
> talking about.  I tried looking for something more generic and found this
> hopelessly detailed page in wikipedia
> http://en.wikipedia.org/wiki/Actuarial_science
> also this unclear (and also long-winded) definition
> http://www.investopedia.com/terms/a/actuarial-valuation.asp
> and this one
> http://definitions.uslegal.com/a/actuarial-value/
>
> Would it be safer to just rewrite the equation it uses but rewrite in
> English?  (probably not but sometimes it helps)
> Regards from
> Tom :)



-- 
Sérgio Marques

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