BAREKENG: Jurnal Ilmu Matematika dan Terapan
Vol 18 No 4 (2024): BAREKENG: Journal of Mathematics and Its Application

APPLICATION OF THE EQUIVALENCE PRINCIPLE TO THE CALCULATION OF EDUCATION INSURANCE PREMIUMS FOR VILLAGE-OWNED ENTERPRISES (BUMDes)

Widana, I Nyoman (Unknown)
Suciptawati, Ni Luh Putu (Unknown)
Sulma, Sulma (Unknown)

Article Info

Publish Date
11 Oct 2024

Abstract

Program Education plays a vital role in improving human resources. But on the other hand, education costs are not cheap. For this reason, people need to prepare education funds from an early age. One way is to take part in an education insurance program. This is a business opportunity that a village-owned enterprise (BUMDes) can run by offering education insurance services to the public. This research aims to develop and use programming software to calculate education insurance premiums offered by BUMDes. The method used is The Equivalence Principle method. Based on the case study, the premium price calculated using software that has been developed is very competitive – below market price, depending on the interest rate and fees charged.

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Journal Info
BAREKENG: Jurnal Ilmu Matematika dan Terapan
Website

Abbrev

barekeng

Publisher

Universitas Pattimura

Subject

Computer Science & IT Control & Systems Engineering Economics, Econometrics & Finance Energy Engineering Mathematics Mechanical Engineering Physics Transportation

Description

BAREKENG: Jurnal ilmu Matematika dan Terapan is one of the scientific publication media, which publish the article related to the result of research or study in the field of Pure Mathematics and Applied Mathematics. Focus and scope of BAREKENG: Jurnal ilmu Matematika dan Terapan, as follows: - Pure ...