Computes the deferred whole life m-thly annuity-immediate using
$${}_nE_x \, a_{x+n}^{(m)}$$
Usage
nax_m(x, n, m, i, model, ..., k_max = 2e+05, tol = 1e-12)
Arguments
- x
Age.
- n
Deferral period in years.
- m
Number of payments per year.
- i
Effective annual interest rate.
- model
Survival model name.
- ...
Additional parameters passed to the survival model.
- k_max
Maximum summation horizon for non-terminating models.
- tol
Truncation tolerance for non-terminating models.
Value
Numeric vector of annuity values.
Examples
nax_m(40, n = 10, m = 12, i = 0.05, model = "uniform", omega = 100)
#> [1] 6.540886