Dave Kester said:
On 3/18/2009 4:12:43 PM
For those who are trying to create a tool that will calculate the ROP percentages that meet minimum and smoothness test requirements of Actuarial Guideline CCC (or Actuarial Guideline 45 or AG 45). This occurs if the tool tries to determine the maximum length of the first segment. The maximum length of the first segment is dependent upon when the first cash value reaches 2 per 1,000. However, if your tool is trying to calculate the minimum cash values, then this becomes a circular algorithm.