UDD multiplier for m-thly insurance approximations

Under UDD, \(A_x^{(m)} = (i / i^{(m)}) A_x\) and similarly for term and deferred insurance.

Usage

udd_mthly_multiplier(i, m)

Arguments

i

Numeric vector of effective annual interest rates.

m

Positive integer payment frequency.

Value

Numeric vector equal to \(i / i^{(m)}\).