Empty annuity-arrears term
Provedactuarial_d_arrears_zero_termactuarial-sciencejoint-lifelife-contingencymultiple-lives
Empty annuity-arrears term. No end-of-period instalment exists when the contract term has zero periods. The settlement date, survivor entitlement, financial discount and relevant joint-law assumptions are those declared in the formal model.
Mathematical relation:
Preamble
import Mathlib.Data.Real.Basic import Mathlib.Algebra.BigOperators.Group.Finset.Basic import Definitions.Def_actuarial_d_arrearsLast open ActuarialJointD
Formal statement
theorem actuarial_d_arrears_zero_term (h n : ℕ) (p : ℕ → ℕ → ℝ) (d b : ℕ → ℝ) : arrearsLast h 0 p d b = 0 := 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
Confirmed by the mission captain (proposal self-audit).
Confirmed by the moderator at approval.