Oak Mountain Software
AnnuityValue
Example:
Curtate Expectation of Life
How many complete years can an individual, age 50,
expect to live? Assume 1971 GAM Male
mortality.
Individual Age
Display
|
|
Primary Assumptions |
||||
|
Table: |
23 |
Description: |
GAM-1971 MALES |
Deferred Age: |
65 / 0 |
|
Interest: |
5.00% |
Setback(-)/Setforward(+): |
0 |
qx Factor: |
1 |
|
Pay Freq: |
Monthly |
Years Certain: |
0 |
Annuity Certain: |
0.000000 |
|
Primary Age Values
- Age: 50 and 0 months |
|
|
Annuity Factor |
Description |
|
14.167671 |
Immediate Life with 0 Year Certain |
|
4.058743 |
Deferred Life to Age 65 and 0 months with 0 Year
Certain |
|
0.286479 |
Actuarial Equivalent to Age 65 and 0 months with 0 Year
Certain |
|
26.407028 |
Curtate Expectation of Life |
Answer:
|
Description |
This individual can expect to live 26 complete
years. |