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PV of Pension Obligation : Where R Fair Premium MT F Face Value of Policy R Cost of Money For Insurance Company
PV of Pension Obligation : Where R Fair Premium MT F Face Value of Policy R Cost of Money For Insurance Company
{ eq \r(125) } =
{ eq \f(\r(52),2) } =
{ eq \b\bc\{(\f(1 + a2,2)) } =
{ eq \b\bc\[(\f(1 + a2,2)) } =
{ eq \a(ln,xa) } =
{ eq \i\su(i = 1,t, ) } =
Notes:
ctrl + F9 to create the equation
shift + F9 to edit the equation or OFF/ON
, = alt + 0130
YTM =
V0 =
Z= +L
PV of pension obligation =
Duration D =
Value of bond V0 = I × +
PMT =
= = Rs 880.55
PMT = = = Rs 859.66
PMT = Or PMT =
PMT = Or PMT =
This formula can also be used to calculate the monthly mortgage payment:
MP0 = MB0 ×
To calculate the remaining mortgage balance at the end of any month, the
following formula is used.
MBt = MB0 ×
MB270 = 7000000 ×
= Rs 42,59,753.96
Where MPt = mortgage balance after t months
SPt = MB0 ×
SP270 = 7000000 ×
= Rs 29114.20
EAR =
EAR =