# lifelib v0.3.2 (23 November 2021)¶

This release adds a new example,
2. Extended Stochastic Example in the `savings`

library,
and reflects some cosmetic changes in the `savings`

models.

To update lifelib, run the following command:

```
>>> pip install lifelib --upgrade
```

## New Example¶

A example notebook, 2. Extended Stochastic Example
is added to the `savings`

library.
This example shows how to extend the `CashValue_ME_EX1`

model in the 1. Simple Stochastic Example
and reflect maintenance fees, policy decrement, GMDB and dynamic lapse.
The extended model is included in the `savings`

library
as `CashValue_ME_EX2`

.

This example consists of the Jupyter notebook, sample model,
and some Python scripts to plot graphs.
The Python scripts are used to
draw graphs on the Gallery page.
The Jupyter notebook describes the `CashValue_ME_EX2`

model,
explains the changes from the original model,
and outputs some graphs on the Gallery page.

File or Folder |
Description |
---|---|

CashValue_ME_EX2 |
The example model for |

savings_example2.ipynb |
Jupyter notebook 2. Extended Stochastic Example |

plot_ex2_comp_option_values.py |
Python script for Black-Scholes-Merton on dividend paying stock |

plot_ex2_lapse_decrement.py |
Python script for Dynamic policy decrement |

plot_ex2_av_to_pols.py |
Python script for Account value to number of policies |

## Fixes and Updates¶

`plot_av_paths.py`

in the`savings`

library is renamed to plot_ex1_av_paths.py`plot_rand.py`

in the`savings`

library is renamed to plot_ex1_rand.py`plot_option_value.py`

in the`savings`

library is renamed to plot_ex1_option_value.py