Source code for simplelife.present_value

# -*- coding: utf-8 -*-
"""Present Value mix-in modules

This module defines cells that take present values of projected items
in :mod:`projection <simplelife.projection>` module.
"""

[docs]def PV_SumInsurIF(t):
    """Present value of insurance in-force"""
    if t > last_t:
        return 0
    else:
        return InsurIF_Beg1(t) + PV_SumInsurIF(t+1) / (1 + DiscRate(t))

[docs]def PV_PremIncome(t):
    """Present value of premium income"""
    if t > last_t:
        return 0
    else:
        return PremIncome(t) + PV_PremIncome(t+1) / (1 + DiscRate(t))


[docs]def PV_BenefitSurr(t):
    """Present value of surrender benefits"""
    if t > last_t:
        return 0
    else:
        return (-BenefitSurr(t) + PV_BenefitSurr(t+1)) / (1 + DiscRate(t))


[docs]def PV_BenefitDeath(t):
    """Present value of death benefits"""
    if t > last_t:
        return 0
    else:
        return (-BenefitDeath(t) + PV_BenefitDeath(t+1)) / (1 + DiscRate(t))


[docs]def PV_BenefitMat(t):
    """Present value of matuirty benefits"""
    if t > last_t:
        return 0
    else:
        return (-BenefitMat(t) + PV_BenefitMat(t+1)) / (1 + DiscRate(t))

    
[docs]def PV_BenefitTotal(t):
    """Present value of total benefits"""
    if t > last_t:
        return 0
    else:
        return (-BenefitTotal(t) + PV_BenefitTotal(t+1)) / (1 + DiscRate(t))


[docs]def PV_ExpsCommTotal(t):
    """Present value of commission expenses"""
    if t > last_t:
        return 0
    else:
        return - ExpsCommTotal(t) + PV_ExpsCommTotal(t+1) / (1 + DiscRate(t))


[docs]def PV_ExpsAcq(t):
    """Present value of acquisition expenses"""
    if t > last_t:
        return 0
    else:
        return - ExpsAcq(t) + PV_ExpsAcq(t+1) / (1 + DiscRate(t))
    

[docs]def PV_ExpsMaint(t):
    """Present value of maintenance expenses"""
    if t > last_t:
        return 0
    else:
        return - ExpsMaint(t) + PV_ExpsMaint(t+1) / (1 + DiscRate(t))

    
[docs]def PV_ExpsTotal(t):
    """Present value of total expenses"""
    if t > last_t:
        return 0
    else:
        return - ExpsTotal(t) + PV_ExpsTotal(t+1) / (1 + DiscRate(t))
    


[docs]def PV_NetCashflow(t):
    """Present value of net cashflow"""
    return (PV_PremIncome(t)
            + PV_ExpsTotal(t)
            + PV_BenefitTotal(t))


[docs]def PV_NetCashflowForCheck(t):
    """Present value of net cashflow"""
    if t > last_t:
        return 0
    else:
        return (PremIncome(t)
                - ExpsTotal(t)
                - BenefitTotal(t) / (1 + DiscRate(t))
                + PV_NetCashflow(t+1) / (1 + DiscRate(t)))
        
        
def PV_Check(t):
    return PV_NetCashflow(t) - PV_NetCashflowForCheck(t)


[docs]def InterestNetCF(t):
    """Interest accreted on pv of net cashflows"""
    if t > last_t:
        return 0
    else:
        return (PV_NetCashflow(t)
                - PremIncome(t)
                + ExpsTotal(t)) * DiscRate(t)