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Difference Equations for Life Annuities
| Content Provider | Scilit |
|---|---|
| Author | Davison, Matt |
| Copyright Year | 2014 |
| Description | If we turn this around, we can also consider it to be the equation for a term annuity, in which an initial deposit of X by the annuitant is repaid in N equal payments. Although in practice the interest paid on term annuities will be less than the interest charged on mortgages, the exact formulas, although possibly with dierent parameters, will apply. Book Name: Quantitative Finance |
| Related Links | https://content.taylorfrancis.com/books/download?dac=C2010-0-49971-6&isbn=9780429194962&doi=10.1201/b16039-11&format=pdf |
| Ending Page | 109 |
| Page Count | 10 |
| Starting Page | 100 |
| DOI | 10.1201/b16039-11 |
| Language | English |
| Publisher | Informa UK Limited |
| Publisher Date | 2014-05-08 |
| Access Restriction | Open |
| Subject Keyword | Book Name: Quantitative Finance History Equation Charged Mortgages Life Annuities Payments Possibly Repaid Annuitant Dierent |
| Content Type | Text |
| Resource Type | Chapter |