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pfs_avg_life

pfs_avg_life (routine)

Calculates the average life for a series of principal flow dates and amounts

Introduced in release: 1.0
Component: Generic
Purpose: This routine calculates average life from a given set of principal flows and corresponding dates. The average life is given in terms of the input frequency (avg_life_freq), which can be annual, semi-annual, quarterly or monthly.

Results: The results is returned as the value of the function accurate to as many places as supported by a double precision value.

Error Conditions: Returned values should be ignored for a non-zero status. See Errors.

Last Mod Date: 07/21/1992© 2001 TIPS, Inc.Doc Version: 5.0