FV_post_norm_kmom {AnnuityRIR}

Compute the final expected value of an n-payment annuity, with payments of 1 unit each made at the end of every year (annuity-immediate), valued at the rate X, using the estimated moments of the normal distribution.

Description

Compute the final expected value of an n-payment annuity, with payments of 1 unit each made at the end of every year (annuity-immediate), valued at the rate X, using the estimated moments of the normal distribution.

Usage

FV_post_norm_kmom(data,years)

Arguments

data

A vector of interest rates.

years

The number of years of the income. Default is 10 years.

Author(s)

Salvador Cruz Rambaud, Fabrizio Maturo, Ana María Sánchez Pérez

Source

Cruz Rambaud, S.; Maturo, F. and Sánchez Pérez A. M. (2015): “Approach of the value of an annuity when non-central moments of the capitalization factor are known: an R application with interest rates following normal and beta distributions”. Ratio Mathematica, 28(1), pp. 15-30. doi: 10.23755/rm.v28i1.25.

Examples

# example 1
data = c(1.77,1.85,1.85,1.84,1.84,1.83,1.85,1.85,1.88,1.85,1.80,1.84,1.91,1.85,1.84,1.85,
1.86,1.85,1.88,1.86)
data=data/100
FV_post_norm_kmom(data,8)


# example 1
data<-rnorm(n=200,m=0.075,sd=0.2)
norm_test_jb(data) #test data
FV_post_norm_kmom(data,8)