Term Life Annuity EPV Calculator
Calculate the expected present value of an n-year temporary life annuity-immediate paying at the end of each survived year.
Description
Calculate the expected present value of an n-year temporary life annuity-immediate paying at the end of each survived year.
Term Life Annuity EPV Calculator provides a focused, reproducible calculation with explicit inputs and a deterministic result. Calculate the expected present value of an n-year temporary life annuity-immediate paying at the end of each survived year.
Use for a temporary life annuity-immediate paying at the end of each survived year.
When to use Term Life Annuity EPV Calculator
Use for a temporary life annuity-immediate paying at the end of each survived year.1
How the calculation works
Calculate the expected present value of an n-year temporary life annuity-immediate paying at the end of each survived year.2
EPV = B(vp)[1−(vp)^n]/[1−vp] Inputs 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.
Limitations and assumptions
The first possible payment is one year after valuation and constant annual mortality is assumed.
References
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Supplementary Notes for Actuarial Mathematics for Life Contingent Risks — Society of Actuaries
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Actuarial present value — Wikipedia contributors
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- 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.