Insurance and Annuity — Formula Sheet
Maharashtra Board · Class 12 · Mathematics & Statistics -Commerce
8 formulas from Insurance and Annuity (Maharashtra Board Class 12 Mathematics & Statistics -Commerce) on one page, grouped by topic.
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Formulas and Key Relations
Application to Tangents and Normals
Equation of tangent
y - y₁ = m(x - x₁)
Rate Measure (Related Rates)
Chain rule is essential
dy/dt = (dy/dx) × (dx/dt)
Rolle's Theorem and Lagrange's Mean Value Theorem
Rolle's Theorem
If f is continuous on [a,b], differentiable on (a,b), and f(a) = f(b), then ∃c ∈ (a,b) such that f'(c) = 0
LMVT
If f is continuous on [a,b] and differentiable on (a,b), then ∃c ∈ (a,b) such that f'(c) = [f(b)-f(a)]/(b-a)
Key relations
At any point P(x₁, y₁) on curve y = f(x), the slope of tangent = dy/dx|(x₁,y₁) and slope of normal = -1/(dy/dx)|(x₁,y₁).
For a differentiable function f(x), the approximate value at x = a + h is given by f(a + h) ≈ f(a) + h × f'(a).
If function f is continuous on [a,b], differentiable on (a,b), and f(a) = f(b), then there exists at least one point c in (a,b) where f'(c) = 0.
If function f is continuous on [a,b] and differentiable on (a,b), then there exists at least one point c in (a,b) where f'(c) = [f(b) - f(a)]/(b - a).
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Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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