N-Year Temporary Life Annuity-Due Calculator
Calculate the present value of an n-year temporary life annuity-due paying at the start of each year while the life survives.
Description
Calculate the present value of an n-year temporary life annuity-due paying at the start of each year while the life survives.
N-Year Temporary Life Annuity-Due Calculator provides a focused, reproducible calculation with explicit inputs and a deterministic result. Calculate the present value of an n-year temporary life annuity-due paying at the start of each year while the life survives.
Use for a temporary life annuity-due with at most n beginning-of-year payments while the life survives.
When to use N-Year Temporary Life Annuity-Due Calculator
Use for a temporary life annuity-due with at most n beginning-of-year payments while the life survives.1
How the calculation works
Calculate the present value of an n-year temporary life annuity-due paying at the start of each year while the life survives.
EPV = B × [1−(vp)^n] / [1−vp] 1Inputs and interpretation
Keep every input on the same valuation, timing, unit, and assumption basis. Interpret the output at the precision supported by those inputs rather than treating extra decimal places as additional certainty.
Assumptions and limitations
The model uses constant annual mortality and interest and does not represent monthly payments or guarantee periods.
References
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Supplementary Notes for Actuarial Mathematics for Life Contingent Risks — Society of Actuaries