This program Uses actual mortality tables to set calculate the actuarial present value of life annuities, life insurance, pension costs and liabilities, as well as contributions and premiums. Simply select the appropriate mortality table, the interest rate, age difference between the two persons, terminal age and radix of the mortality table. Annuities may be calculated bases on annual payments or mthly payments; for example, payments made monthly, quarterly, etc. Example: Assume a 65 year old male receives a pension of $30,000 as long as he lives. His wife Y who is 2 years younger receives 75% of his pension. If the male dies, what is the actuarial present value of this pension?
|Title:||Annuities, Life Insurance and Pension Calculator|
|Requirements:||Requires the ti-89 calculator.
(Click here for an explanation)
|Brief Description:||TI-89 graphing calculator annuities, life insurance, and pensions calculator program.|
|Keywords:||Program, Business-Finance, ti-89, Calculator Annuities,, Life, Insurance, and, Pension, Calculator|