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Net Premiums for Endowment Assurances and Temporary Assurances, also values of Temporary Annuities, in the case of three or four joint lives
Published online by Cambridge University Press: 18 August 2016
Abstract
- Type
- Actuarial Note
- Information
- Copyright
- Copyright © Institute and Faculty of Actuaries 1923
References
page 98 note * Second difference formulas involving , and both for 3 and 4 lives were tested to see if they would give better results than (9) and (10) where x + n = 70. For x =30 or 40 the results by the second difference formulæ are very much better, while for x=50 or 60 there is not much difference in the numerical errors in the results compared with those in (9) and (10).