Using COBOL to Construct Commutation Columns
Nylund, Richard William
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The purpose of this paper is to serve as an introduction to certain aspects of two fields: actuarial science and computer technology. More specifically, I have used the computer to prepare tables which are basic to actuarial science, and this paper tries to explain the actuarial concepts involved, as well as to give a general description of COBOL, the computer language used to construct the tables.