Banner Ad 1

Collapse

Announcement

Collapse
No announcement yet.

Cash Refund Annuity

Collapse
This topic is closed.
X
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Cash Refund Annuity

    I'm looking for the formula for a cash refund annuity in terms of commutation functions. Do you know it?

  • #2
    Cash refund annuity

    An annuity is a stream of payments, a concept, not a number. Yet you want a formula. Formula for actuarial present value of it? Find a time t such that the present value of a fixed deterministic annuity to that time is the price, and then the total status will be a last survivor status combining angle t and the life insured. Does this help?

    Yours,
    Krzys' Ostaszewski
    Want to know how to pass actuarial exams? Go to: smartURL.it/pass

    Comment

    Working...
    X