T
tatos
Member
Hi everyone
I'm reading through the notes currently. I'm a bit stuck with something in Chapter 4 Retrospective Accumulations, and hoping someone can help:
For a pure endowment
Starting off with N people in the group
F(N) is the accumulated fund
What I don't understand is the following limit:
Lim F(N) = E[F(1)]
(n tends to ∞) N
I'm reading through the notes currently. I'm a bit stuck with something in Chapter 4 Retrospective Accumulations, and hoping someone can help:
For a pure endowment
Starting off with N people in the group
F(N) is the accumulated fund
What I don't understand is the following limit:
Lim F(N) = E[F(1)]
(n tends to ∞) N