Computes the exact temporary m-thly annuity-due.
Usage
adotxn_m(x, n, m, i, model, ...)
Arguments
- x
Age.
- n
Term in years.
- m
Number of payments per year.
- i
Effective annual interest rate.
- model
Survival model name.
- ...
Additional parameters passed to the survival model.
Value
Numeric vector of annuity values.
Details
$$\ddot{a}_{x:\overline{n}|}^{(m)} = \frac{1}{m}\sum_{t=0}^{mn-1} v^{t/m}\,{}_{t/m}p_x$$
Examples
adotxn_m(40, n = 10, m = 12, i = 0.05, model = "uniform", omega = 100)
#> [1] 7.327554