Title of article
Annuities under random rates of interest—revisited
Author/Authors
Krzysztof Burnecki، نويسنده , , Krzysztof and Marciniuk، نويسنده , , Agnieszka and Weron، نويسنده , , Aleksander، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2003
Pages
4
From page
457
To page
460
Abstract
In the article we consider accumulated values of annuities-certain with yearly payments with independent random interest rates. We present the variance formulae of the final values of the annuities, which leads to a correction of Theorems 4.2, 4.3, 4.5 and 4.6 from Zaks [Insurance: Mathematics and Economics 28 (2001) 1].
Keywords
Annuity , Finance mathematics , Random interest rate , Accumulated value
Journal title
Insurance Mathematics and Economics
Serial Year
2003
Journal title
Insurance Mathematics and Economics
Record number
1542613
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