Iaxn | R Documentation |
This function evaluates increasing annuities
Iaxn(actuarialtable, x, n, i, m = 0, type = "EV", power=1)
actuarialtable |
An |
x |
The age of the insured head. |
n |
The duration of the insurance |
i |
The interest rate that overrides the one in the |
m |
The deferring period. |
type |
Yet only "EV" is implemented. |
power |
The power of the APV. Default is 1 (mean) |
This actuarial mathematics is generally exoteric. I have seen no valid example of it.
The APV of the insurance
The function is provided as is, without any guarantee regarding the accuracy of calculation. We disclaim any liability for eventual losses arising from direct or indirect use of this software.
The function is provided as is, without any guarantee regarding the accuracy of calculation. We disclaim any liability for eventual losses arising from direct or indirect use of this software.
Giorgio A. Spedicato
Actuarial Mathematics (Second Edition), 1997, by Bowers, N.L., Gerber, H.U., Hickman, J.C., Jones, D.A. and Nesbitt, C.J.
axn
,IAxn
#using SOA illustrative life tables
data(soaLt)
soa08Act=with(soaLt, new("actuarialtable",interest=0.06,
x=x,lx=Ix,name="SOA2008"))
#evaluate the value of a lifetime increasing annuity for a subject aged 80
Iaxn(actuarialtable=soa08Act, x=80, n=10)
Add the following code to your website.
For more information on customizing the embed code, read Embedding Snippets.