The valuation of annuities on lives: deduced from the London bills of mortality : with several tables exhibiting at one view, the values of lives at different rates of interest, and tables of compound interest, and of fines for renewing college leases, &c
S. Birt ... and H. Whitridge, 1754 - 107 pages
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50 gives 9 per Cent added Addition Amount annexed annual interest annuity 50 answer chance chase College Leaſe consequently continued so long cyphers decease decimal difference divided enjoy example to problem exceeding 100 Exhibiting fame find the present find the value Fines for renewing given given ages granted Hundred incumbent lapsed lease leaves Let the age Let the number London longest lord manner multi multiplied by 50 nuity number of lives number of persons paid paid for renewing Perpetuity or Fee-Simple persons living places plied Pound present value probability problem 12 product divided proportion proposed Purchaſe Money quote quotient rate of interest received remainder renewing any Number rent reversion rule Solution Subtract taken tation terest thing third Thouſand three joint lives three lives tiplied twice unit unity Value or Value whole Year's year's purchase
Page 23 - Reverfion. (hall give the following table ; which (hows the prefent *-~~*~~~*. value of one pound, to be received at the end of any number of years not exceeding 40 ; difcounting at the rate of 5, 4, and 3 fer cent, compound intereft.
Page 71 - lives, fubtraft the fum of the values of " all the joint lives, combined two and two. " Then to the remainder add the value of •' the three joint lives; and this laft fum " will be the value of the longeji of the three «
Page 36 - TABLE fie.wing the prefent value of an annuity of one pound for any number of years, not exceeding 90, when interejl is at 5, 4, and 3 per cent. ? Value |VaIue at 5 /«• at 4 per cent. cent. Value K
Page 76 - Subtract the value of the life in poflefflon from the value of the longeft of the three lives, and the remainder will be the value of the PROBLEM V.
Page 81 - A is to enjoy the whole annuity during his life ; but after his decease it is to be divided equally between B and C during their joint lives ; and the survivor of them is to have the whole : To find the value of their respective shares.
Page 52 - Per. 3. Per. 4. Per. 5. Per. 6. Per. 7. Per. 8. Per. 9. Per.
Page 7 - I undertook the trouble of computing the following Tables, and the principal motive that induced me to do it was, that at that time the Tables most in use were founded upon the Bills of Breslaw. At...
Page 16 - ... the whole number of perfons living at the beginning of this term, is to the number remaining alive at the end of it, in the ratio of...
Page 60 - PROBLEM XXX. To determine the Fines to be paid for renewing any Number of Years in a College-Leafe of twenty ; and alfo what Rate of Intereft is made by a Purchafer, who may happen to give an advanced Price for the fame^ upon Suppojition that the Contra&or is allowed 8 per Cent, of his Money, Altho...