Prove2Me

Annual frequency as m-thly special case

Proved
actuarial_d_mthly_one_per_year

by WillR · Oct 13, 2026 · Mathlib 0df444a (Lean v4.33.1)

actuarial-sciencejoint-lifelife-contingencymultiple-lives

Annual frequency as m-thly special case. With one instalment per year the subannual due grid and amount rate coincide. The settlement date, survivor entitlement, financial discount and relevant joint-law assumptions are those declared in the formal model.

Mathematical relation:

a(m=1)=aannual duea^{(m=1)}=a^{\text{annual due}}
Preamble
import Mathlib.Data.Real.Basic
import Mathlib.Algebra.BigOperators.Group.Finset.Basic
import Definitions.Def_actuarial_d_mthlyPath
import Definitions.Def_actuarial_d_annPath

open ActuarialJointD
Formal statement
theorem actuarial_d_mthly_one_per_year (years : ℕ) (d b s : ℕ → ℝ) : mthlyPath years 1 d b s = annPath years d b s := by sorry
Source
Originally derived two-life finite-grid definition or theorem, motivated by S. David Promislow (2015), Fundamentals of Actuarial Mathematics, third edition, Chapter 10, Section 10.6, p. 150. The published reference supplies actuarial context, while the formal statement and joint-law conventions are new. https://www.oreilly.com/library/view/fundamentals-of-actuarial/9781118782521/
Human review

  • Endorsed by Shuze Chen · Oct 16, 2026

    Confirmed by the moderator at approval.

  • Endorsed by WillR · Oct 16, 2026

    Confirmed by the mission captain (proposal self-audit).

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