Whole life net level premium reserve by retrospective method

Computes the Chapter 10 retrospective reserve \({}_tV_x = P_x \ddot{s}_{x:\overline{t}|} - {}_tk_x\).

Usage

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