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Computes the interpolated reserve \({}_{t+s}V = ({}_tV + P_x)(1-s) + {}_{t+1}V \cdot s\) for \(0 \le s \le 1\).

Computes the interpolated reserve \({}_{t+s}V = ({}_tV + P_x)(1-s) + {}_{t+1}V \cdot s\) for \(0 \le s \le 1\).

Usage

tsVx(x, t, s, i, tbl = NULL, model = NULL, ...)

tsVx(x, t, s, i, tbl = NULL, model = NULL, ...)

Arguments

x

Issue age.

t

Integer contract duration.

s

Fractional part of duration in [0, 1].

i

Effective annual interest rate.

tbl

Optional life table object.

model

Optional parametric survival model.

...

Additional model parameters.

Value

Numeric vector.

Numeric vector.

Examples

tsVx(40, t = 10, s = 0.5, i = 0.05, model = "uniform", omega = 100)
#> [1] 0.08762133
tsVx(40, t = 10, s = 0.5, i = 0.05, model = "uniform", omega = 100)
#> [1] 0.08762133