PV_post_triang_dis {AnnuityRIR}

Compute the present value of an annuity-immediate considering only non-central moments of negative orders. The calculation is performed by using the moments of the fitted triangular distribution of the random variable "capitalization factor" U (which are obtained from the definition of negative moment of a continuous random variable).

Description

Compute the present value of an annuity-immediate considering only non-central moments of negative orders. The calculation is performed by using the moments of the fitted triangular distribution of the random variable "capitalization factor" U (which are obtained from the definition of negative moment of a continuous random variable).

Usage

PV_post_triang_dis(data,years)

Arguments

data

A vector of interest rates expressed as percentages.

years

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

Author(s)

Salvador Cruz Rambaud, Fabrizio Maturo, Ana María Sánchez Pérez

Examples

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)
PV_post_triang_dis(data,10)