Computes the interpolated reserve
\({}_{t+s}V = ({}_tV + P)(1-s) + {}_{t+1}V \cdot s\)
for an n-year term insurance.
Computes the interpolated reserve
\({}_{t+s}V = ({}_tV + P)(1-s) + {}_{t+1}V \cdot s\)
for an n-year term insurance.
Usage
tsVxn1(x, n, t, s, i, tbl = NULL, model = NULL, ...)
tsVxn1(x, n, t, s, i, tbl = NULL, model = NULL, ...)
Arguments
- x
Issue age.
- n
Term in years.
- t
Integer duration with t < n.
- s
Fractional part 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
tsVxn1(40, n = 20, t = 10, s = 0.5, i = 0.05, model = "uniform", omega = 100)
#> [1] 0.02775327
tsVxn1(40, n = 20, t = 10, s = 0.5, i = 0.05, model = "uniform", omega = 100)
#> [1] 0.02775327