Ax: EPV of Insurance

In nathanesau/makehams: Ultimate Select Survival Model (AMLCR)

Description

Calculates the Expected Presented Value of various insurances

Usage

Ax(x = gl.g(x), s = 0, i = gl.g(i), m = 1, n = gl.g(w) - x, c = 0,
  e = 0, mt = 1, h = function(t) t^0)

Arguments

x	the current age
s	the select used so far
i	the interest rate
m	the compounding frequency
n	the length of the term
c	indicator of continuous (1 if continuous)
e	indicator of endowment (1 if endowment)
mt	the moment of the insurance

Details

By default calculates first moment of discrete, whole life insurance. Also, this function is not reliable when n < m. x can be a vector with length > 1 s can be a vector with length > 1 n can be a vector with length > 1

nathanesau/makehams documentation built on May 23, 2019, 12:19 p.m.