J
jensen
Member
In this section where they rewrite a_x in terms of sum of the survival probabilities multiplied by discount, I don't understand why the sum of k|q_x equals to j+1_p_x.
My understanding is that k|q_x = k_p_x . q_x+k, so how come the sum becomes j+1_p_x?
Can someone please shed some light?
Thanks.
My understanding is that k|q_x = k_p_x . q_x+k, so how come the sum becomes j+1_p_x?
Can someone please shed some light?
Thanks.