https://padlet.com/dayyanidlan/smlnj1sv6thec7iu STUDENT ID is required for any post & comment. Participation is compulsory as evidence of your attendance. en-us 2021-12-12 01:17:50 UTC 2021-12-14 13:36:19 UTC hello@padlet.com https://padlet-uploads.storage.googleapis.com/366212997/2ce7c3c94c860975c60849a6084edbea/Screenshot_2021_03_13_at_11_08_29_PM.png guanyuliew1 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942284352 From the videos, I learnt the n-year temporary life annuity and discrete life annuities. At part discrete life annuities, it had whole life annuity due and also whole life annuity-immediate. Deferred annuities also has been covered.

]]> 2021-12-12 04:02:37 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942284352 yaaminikavirajan97 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942288647 Reflection Week 9 (12 December 2021) What have you learnt today? 

From today’s class video Chapter 4: Life Annuity, Part (2/3) I have learnt that n-year temporary life annuity, m-deferred whole life annuity and m-deferred n-year temporary life annuity. A due n-year term annuity guarantees payments made at the beginning of the year, while an individual is alive for at most n payments. Part (3/3) explains about two types, discrete life annuities which are annuity immediate and annuity due. Annuity immediate is annual payments made at the end of each year and continuously for a period of time. While annuity due is annual payments made at beginning of each year and payable for a period of time. There is n-year temporary life annuity due and n-year temporary life annuity immediate. For deferred annuities, which payment does not begin immediately but deferred for one or more years consists of n-year deferred whole life annuity due and n-year deferred whole life annuity immediate. Besides, there are also life annuities with m-thly payments which it is usually payable on monthly, quarterly or semi-annual basis. It can be calculated under UDD assumption and traditional approximation.

]]> 2021-12-12 04:10:37 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942288647 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942299022 From today's video, we continue to learn continuous case and also the discrete case of life annuities. For the continuous case we learn about the n-year temporary life annuity, m-deferred whole life annuity and m-deferred n-year temporary life annuity. 

Next, for the discrete case of life annuities, which was seperated to 2 types (annuity immediate & annuity due) which annual payments paid at the end of each year and paid at the beginning of each year respectively. For this part, we also look at the whole life annuity, n-year temporary life annuity, n-deferred whole life annuity and life annuities with m-thly payments where the life annuities are often payable on a monthly, quarterly or semiannual basis.

Last but not least, we also learn them with some example to increase our impression]]> 2021-12-12 04:31:21 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942299022 nnrfatihahs29 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942305112 After watching the video, I understand how to calculate NSP using a life annuity and the differences between UDD and traditional approximations.]]> 2021-12-12 04:44:21 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942305112 shuhaidaaida81 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942305733 in video part 2/3, I get to know that there are two case to find the benefits which are dies within n-year and dies after n-year. 
in video part 3/3, I learn about life annuity and whole life annuity. Life annuity divided into immediate and due annuity.  benefit for immediate paid at the end of the year and benefit for due paid at the beginning of the year.]]> 2021-12-12 04:45:33 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942305733 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942336345 I learned about n-year temporary life annuities and discrete life annuities from the videos. It had whole life annuity due and whole life annuity-immediate in part discrete life annuities. Deferred annuities have also been discussed.]]> 2021-12-12 05:49:49 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942336345 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942345985 I learned about N-year temporary life annuities and discreet life annuity from today’s video. At part discreet life annuities, is the payments are made either annually or at some other fixed points in time. Differed annuities also has covered in the video,]]> 2021-12-12 06:12:10 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942345985 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942374051 From the video, I learned about the n year temporary life annuity and discrete life annuities and also how to calculate NSP using a life annuity and the different between UDD and traditional approximations.]]> 2021-12-12 07:09:57 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942374051 dvashini27 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942385205 Based from the videos, I get to learnt how to calculate NSP with the condition of n-year temporary life annuity. In addition, learnt about discrete life annuities which is the last part of annuities.]]> 2021-12-12 07:32:01 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942385205 yapjoey1411 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942391620 After watching the videos, I get to know about n-year temporary life annuities and discrete life annuities. I learned the calculation of NSP for the annuities. The videos covered UDD assumptions and traditional approximations.]]> 2021-12-12 07:44:36 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942391620 sitinorazimah https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942418086 After watching the video, I learned how to get n-year temporary life annuity, m-deferred n-year whole life and m-deferred n-year temporary life annuity.]]> 2021-12-12 08:30:48 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942418086 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942578448 From the video, I leant about discrete life annuities. There are two types of annuities which are annuity immediate and annuity due. The payment for annuity immediate start from the first year until the end of the year whereas payment for annuity due start at zero until omega minus one. I also learnt about the commutation function for
-whole life annuity due 
-whole life annuity immediate
-n-year temporary life annuity due 
-n-year temporary life annuity immediate
Next, is the deferred annuities. The payment for deferred annuities does not begin immediately but is deferred for one or more years. I also learnt about life annuities with monthly payments (semi-annually, quarterly, monthly). Lastly, is about the UDD assumption and traditional approximation. The difference between these two is only the alpha m and beta m.]]> 2021-12-12 12:04:56 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942578448 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942636389 From today's class, what i have learnt is discrete life annuities. There 2 types of discrete life annuities; Annuity Immediate and Annuity Due. For annuity immediate, the benefits will paid at the end of each year, while annuity due, will be paid at the beginning of each years. I have learned the deferred annuity also which is the payment made after been deferred for one or more years. Next, life annuity with m-thly payments which means the payment is made for mor than once a year, often payable on a monthly, quarterly or semiannual basis.]]> 2021-12-12 13:03:05 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942636389 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942641763 After watching the video, i know about there have two types of annuities which are annuity due and annuity immediate. I also know how to count for n-year temporary life annuity, m-deferred n-year whole life, whole life annuity due and whole life annuity immediate]]> 2021-12-12 13:07:15 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942641763 oxyyying https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942703189 I have learned about n-year temporary life annuity and discrete life annuity. I also learned about the calculation of NSP, UDD assumption and traditional approximations from these video.]]> 2021-12-12 13:54:37 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942703189 kaushalyanathan1398 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942762093 What I've learned from today's class is about discrete life annuities. Annuity Immediate and Annuity Due are the two types of discrete life annuities. Annuity immediate benefits are paid at the end of each year, whereas annuity due benefits are paid at the beginning of each year. I also learned about deferred annuities, which are payments made after being deferred for one or more years. Following that is a life annuity with m-thly payments, which means the payment is made on a monthly, quarterly, or semiannual basis rather than once a year.]]> 2021-12-12 14:37:15 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942762093 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942771971 From the video, I have learned about annuity immediate which annual payments paid at the end of each year and over a period of time. From the timeline, the pay will start at first year. And for annuity due, the annual payments paid at the beginning of each year and payable over some period of time. From the timeline, the pay is start at 0.
Other than that, I learned about whole life annuity due & annuity immediate, n-year temporary life annuity due & immediate, n-year deferred whole life annuity due & immediate, and life annuity with m-thly payments.]]> 2021-12-12 14:44:32 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942771971 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942826345 From the video , I learned that n-year temporary life annuity is a payment of RM 1 per year, payable continuously , while (x) survives during the n years after issue.
The differences between whole life annuity and n-year temporary life annuity is just a upper bound. For the whole life , the boundary is to 0 to infinity and for the temporary life annuity is 0 to n. I also learned about deferred annuities , which are payments made after being deferred for one or more years. I also learned about the calculation of NSP using a life annuity and the differences between UDD and traditional approximations. ]]> 2021-12-12 15:24:57 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942826345 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942841969 From today's video, I have learnt that n-year is temporary life annuity and m-deferred is  whole life annuity. 
Next is about two types of discrete life annuities which is annuity immediate and annuity date. 
Annuity immediate is annual payments made at the end of each year and continuously for a period of time. 
Annuity due is annual payments made at beginning of each year and payable for a period of time.
Besides, there are also life annuities with m-thly payments which it is usually payable on monthly, quarterly or semi-annual basis. It can be calculated under UDD assumption and traditional approximation.]]> 2021-12-12 15:35:44 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942841969 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942975788 From the video, I learned  about discrete life annuities where payment are made if and only if x is alive at the time the payment is due. There are 2 type of annuities ; annuity immediate and annuity due. Annuity immediate is annuity where annual payment paid at the end of each year while annuity due where annual payment paid at the beginning of each year. Then, I also learned about life annuity with monthly payment which is semi-annually, quarterly or monthly. Next, the different between UUD and traditional approximations.]]> 2021-12-12 17:22:23 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1942975788 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1943022271 Based on this video, i know that the n-year temporary life annuity and discrete life annuity. I also learned about how to calculate the NSP for the annuities and the differences between UDD and traditional approximations]]> 2021-12-12 18:03:44 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1943022271 https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1946957482 Based on the video,I have learn about n-year temporary life annuities and discrete life annuities from the videos. It had whole life annuity due and whole life annuity-immediate in part discrete life annuities.Deferred annuities have also mentioned in the video.]]> 2021-12-14 13:36:19 UTC https://padlet.com/dayyanidlan/smlnj1sv6thec7iu/wish/1946957482