Burnecki, Krzysztof; Marciniuk, Agnieszka; Weron, Aleksander - Hugo Steinhaus Center for Stochastic Methods, … - 2002
In the article we consider accumulated values of annuities-certain with yearly payments with independent random interest rates. We focus on general annuities with payments varying in arithmetic and geometric progression which are important basic varying annuities (see Kellison, 1991). They are...