Microservice : ANC

Returns the value of an annuity that is guaranteed to be paid between two ages (annuity certain).

This is an interactive microservice.

Inputs

Function NameValueExample
Increase rateDouble, use 0.05 for 5%
Increase rateDouble, use 0.05 for 5 %
Age payable fromInteger eg 65
Age payable toInteger eg 75

Results

Output NameValueVariable Name
Annuity CertainANC

RunTime Information

Error message
Microservice not called

JSON text
---

Calculation audit
---

Function Information


Function name
ANC
Description
Annuity Certain.
API sample signature (new window)
https://ptxapp.azurewebsites.net/api/ANC/?GET&ConstantInterestRate=0.03&ConstantInPaymentIncreaseRate=0.033&AgeFrom=60&AgeTo=76
Inputs required
ConstantInterestRate [Rate as a Double eg use 0.03 for 3%],
ConstantInPaymentIncreaseRate [Rate as a Double eg use 0.033 for 3.3%],
AgeFrom [Integer],
AgeFrom [Integer]

Outputs
json, class, ANC [Double]
Version number
Beta V0.0.2 20210429
Technical notes
PTX.App microservice.
Annuity certain function, continuous. This version uses a fixed discount an increase rate.





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