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Function to evaluate the pure endowment
Exn(actuarialtable, x, n, i = actuarialtable@interest, type = "EV", power = 1)
The APV of the contract
An actuarial table object.
Age of the insured.
Length of the contract.
Interest rate (it overwrites the actuarialtable
one)
A string, eithed "EV" (default value), "ST" (stocastic realization) or "VR" if the value of the variance is needed.
The power of the APV. Default is 1 (mean)
Giorgio A. Spedicato
Actuarial Mathematics (Second Edition), 1997, by Bowers, N.L., Gerber, H.U., Hickman, J.C., Jones, D.A. and Nesbitt, C.J.
axn
, Axn
#assumes SOA example life table to be load
data(soaLt)
soa08Act=with(soaLt, new("actuarialtable",interest=0.06, x=x,lx=Ix,name="SOA2008"))
#evaluate the pure endowment for a man aged 30 for a time span of 35
Exn(soa08Act, x=30, n=35)
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