Description Usage Arguments References Examples
Calculates the Pure endowments.
1 |
x |
An integer. The age of the insuree. |
n |
The term of the endowment. An integer, for annual coverage, or a numeric for fractional coverage. |
i |
The interest rate. A numeric type value. |
data |
A data.frame containing the mortality table, with the first column being the age and the second one, the probability of death. |
prop |
A numeric value. It represents the proportion of the mortality table being used (between 0 and 1). |
assumption |
A character string. The assumption used for fractional ages ("UDD" for uniform distribution of deaths, "constant" for constant force of mortality and "none" if there is no fractional coverage). |
cap |
A numeric type value. The payment. |
Chapter 2 of Life Contingencies (1952) by Jordan.
1 2 3 |
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