Actuarial Math for the TI-89
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FILE INFORMATION
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actuarialmathti89.zip
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Filename
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actuarialmathti89.zip (Download)
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Title
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Actuarial Math for the TI-89
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Description
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Using actual mortality tables this set of programs allows you to calculate the actuarial present value of life annuities, life insurance, pension costs and liabilities, as well as contributions and premiums. You may select the mortality tables to use, the interest rate, the age difference between the two persons, the terminal age and radix of the mortality table. Annuities may be calculated bases on annual payments or mthly payments, i.e. payments made monthly, quarterly, etc. An example: Assume X is 65 years old and receives a pension of $30,000 as long as he lives. His wife Y who is 2 years younger receivs 75% of X's pension if X dies. What is the actuarial present value of this pension?
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Author
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Don Phillips (don.phillips@gmail.com)
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Category
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TI-89 BASIC Math Programs (Finance)
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File Size
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305,351 bytes
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File Date and Time
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Thu Jul 6 23:05:26 2006
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Documentation Included?
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Yes
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