Computes the FPT renewal premium
\(\beta^F = P_{x+1}\)
for whole life insurance.
Computes the FPT renewal premium
\(\beta^F = P_{x+1}\)
for whole life insurance.
Usage
betaF(x, i, tbl = NULL, model = NULL, ...)
betaF(x, i, tbl = NULL, model = NULL, ...)
Arguments
- x
Issue age.
- i
Effective annual interest rate.
- tbl
Optional life table object.
- model
Optional parametric survival model.
- ...
Additional model parameters.
Value
Numeric vector.
Numeric vector.
Examples
betaF(40, i = 0.05, model = "uniform", omega = 100)
#> [1] 0.02240155
betaF(40, i = 0.05, model = "uniform", omega = 100)
#> [1] 0.02240155