Makeham’s Law in Actuarial Calculator App

In 1860, Makeham proposed a small modification to Gompertz’ law, noting that although the Gompertz function represents adequately the progression of mortality in adult ages, it does not accurately reflect the age pattern of mortality at younger ages.

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Survival section in Actuarial Calculator App using Makeham's Law:

Survival: Probability of Life, Actuarial Present Value of Life-Annuities, Continuous, Increasing/Decreasing Life-Annuities, Net Premium Reserves and more... based on Makeham Law or Life Table.