Computes a truncated whole life annuity-immediate under projected mortality.
Usage
ax_improved(x0, i, qx_base_vec, AAx_vec, base_year, issue_year)
Arguments
- x0
Issue age.
- i
Effective annual interest rate.
- qx_base_vec
Base-year one-year death probabilities for successive ages.
- AAx_vec
Mortality improvement factors for successive ages.
- base_year
Base year.
- issue_year
Issue year.