Welcome to the hotseat. We've prepared a guide if you'd like to read more about how it works.

Showing that the approximation for a continuous whole life annuity holds.

0 votes
44 views
asked May 14 in BUS 3018F - Models by anonymous

I tried to show this but I am not sure if the fact that I expanded the sum in the parts that I highlighted is a valid way to prove the relationship.image image

1 Answer

0 votes
answered May 15 by Graham Tangawamira (240 points)

Hello :)


That looks fine because it is a telescoping sum.


image

...