PV_post_mood_nm function

WINDOWS-1252

Compute the present expected value of an $n$-payment annuity, with payments of 1 unit each made at the end of every year (annuity-immediate), valued at the rate $X$, with the method of Mood et al. using some negative moments of the distribution.

PV_post_mood_nm(data,years)

Arguments

• data: A vector 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

Source

Mood, A. M.; Graybill, F. A. and Boes, D. C. (1974). Introduction to the Theory of Statistics

(3rd Ed.). New York: McGraw Hill.

Rice, J. A. (1995). Mathematical Statistics and Data Analysis (2nd Ed.). California: Ed. Duxbury Press.

Examples

#example 1
data=c(0.298,0.255,0.212,0.180,0.165,0.163,0.167,0.161,0.154,
0.128,0.079,0.059,0.042,-0.008,-0.012,-0.002)
PV_post_mood_nm(data)

# example 2
data<-rnorm(n=30,m=0.03,sd=0.01)
PV_post_mood_nm(data)

# example 3
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
PV_post_mood_nm(data)