Evaluates the one-step gain using the assumed force of interest and the
actual survival probability.
Usage
GM_cont(Vt, Vt1, P, delta_assumed, p_actual, benefit = 0, h = 1)
Arguments
- Vt
Reserve at time `t`.
- Vt1
Reserve at time `t + h`.
- P
Premium rate.
- delta_assumed
Assumed force of interest.
- p_actual
Actual survival probability over the step.
- benefit
Benefit paid at the start of the step.
- h
Positive step length.
Value
Numeric vector of mortality gain values.
Examples
GM_cont(
Vt = 10,
Vt1 = 11,
P = 1,
delta_assumed = 0.05,
p_actual = 0.99
)
#> [1] 0.6739821