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Computes the Chapter 10 prospective reserve for a whole life insurance with annual premiums: reserve at duration t equals future APV of benefits minus future APV of net premiums.

Usage

tVx(x, t, i, model, ...)

Arguments

x

Issue age.

t

Duration.

i

Effective annual interest rate.

model

Survival model.

...

Additional model parameters.

Value

Numeric vector.

Examples

tVx(40, t = 10, i = 0.05, model = "uniform", omega = 100)
#> [1] 0.07250474