Level Geometric One
ProvedActuarialAnnuities.level_geometric_oneactuarial-scienceannuity-cashflowschedulesingle-life-annuities
A geometric ratio of one gives level benefits.
Mathematical relation:
Timing and admissibility conditions are the exact conditions of the declaration. Cash amounts are per instalment and present values are at valuation time zero.
Preamble
import Mathlib.Data.Real.Basic import Mathlib.Algebra.BigOperators.Group.Finset.Basic import Definitions.Def_actuarial_bLevel import Definitions.Def_actuarial_bGeometric
Formal statement
namespace ActuarialAnnuities theorem level_geometric_one (a j : ℕ) (c : ℝ) : bGeometric a c 1 j = bLevel c j := by sorry end ActuarialAnnuities
Source
Original derived finite-cashflow result, contextual source page 161, Increasing annuities (Chapter 5, section 5.10). D. C. M. Dickson, M. R. Hardy and H. R. Waters (2020), Actuarial Mathematics for Life Contingent Risks, third edition, Cambridge University Press. https://www.cambridge.org/highereducation/books/actuarial-mathematics-for-life-contingent-risks/281DA4E8D523A6B23280ADC3D165AFDA/contents/4EB4E907782E2CD9CF0447D8F5DF1F6E. The cited page identifies the surrounding topic, not a numbered theorem with this exact Lean signature.
Human review
Confirmed by the mission captain (proposal self-audit).
Confirmed by the moderator at approval.