Decompositions of 1 Related to Term Annuities, Whole Life Annuities, and Temporary Life Annuities

In the previous paper, the authors gave a historical development of the equation 1=ia^sub x^+(1+i)A^sub x^, showing that 1 consists of whole life annuity a^sub x^ and insurance A^sub x^ components. People used the symbol "1" to denote the natural number 1, but "1" also could be i...

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Veröffentlicht in:Journal of legal economics 2015-04, Vol.21 (2), p.39
Hauptverfasser: Skoog, Gary R, Ciecka, James E
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Sprache:eng
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