variance_post_mood_pm {AnnuityRIR}

Compute the variance of the present value of an annuity-immediate using the Mood et al. approximation and some non-central moments of positive order.

Description

Compute the variance of the present value of an annuity-immediate using the Mood et al. approximation and some non-central moments of positive order.

Usage

variance_post_mood_pm(data,years)

Arguments

data

A vector X 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

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
variance_post_mood_pm(data)