The Doctrine of Annuities and Assurances on Lives and Survivorships: Stated and Explained |
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The Doctrine of Annuities and Assurances: On Lives and Survivorships, Stated ... Richard Price,William Morgan No preview available - 2015 |
Doctrine of Annuities and Assurances: On Lives and Survivorships, Stated and ... William Morgan No preview available - 2015 |
Common terms and phrases
Affurances alfo alſo annual payments anſwer arifing Cafe 2d claim is determined confequently confiderable Corollary decreaſe diſcounted divided EXAMPLE expreffed fame manner fame value fecond feven fhall fhould fince Find by Problem find the value fingle lives firft firſt folution fome found equal fubtracted from 25 fuch fuppofing furviving given fum payable given term houfes houſes charged increaſed by unity intereft laft laſt lefs leſs Let the age lives aged 30 lives whofe longeſt of three ments Moivre's hypothefis multiplied muſt neceffary Northampton Table nuity oldeft perfons prefent payment prefent value Price's Theorem Prob probability Problem 4th propofed purchaſe required Queſtion quotient reaſoning referved remainder Reverfion Scholium ſhall Society Survivorſhips Table 3d Table 6th Table of Obfervations thefe Theorem theſe thofe thoſe three equal lives three joint lives three lives tion uſed value in annual value of 17 whole duration whoſe youngeſt
Popular passages
Page iii - Also an essay on the present state of population in England and Wales.
Page vi - ... The particular degree of merit to be ascribed to this work has been the subject of some controversy. It appears to have been pub. very much at the instance of Dr. Price, who wrote the introduction, wherein he says : The second chap, contains an explanation of the doctrine of life annu. in genera], and of the principles on which their values are calculated.
Page xxiv - It denotes that the quantities between which it is placed, are to be multiplied together.
Page 100 - Let A be the youngest, and C the oldest " of the three proposed lives. Take the " value of the two joint lives B and C, and " find the age of a single life D of the same " value. Then find the value of the joint " lives A and D, which will be the
Page 305 - The increafe of our army and navy j and the conflant fupply of men neceflary to keep them up. A devouring capital, too large for the body that fupports it.
Page 207 - A. diminished by the value of an annuity on the joint lives of A.
Page 95 - SOLUTION. Find the value of a life as many years older than the given life as are equal to the term for which the annuity is proposed ; multiply...
Page 129 - Subtract the value of the life or lives from the perpetuity, and reserve the remainder; then say, as the perpetuity is to the present valut of the annuity certain, so is the said reserved remainder to a fourth proportional, which will be the number of years purchase required.
Page 141 - B; which value subtract from the ' perpetuity, and take half the remainder; then it will ' be, as the expectation of duration of the younger of ' the lives A and B, is to that of the older, so is the ' said half remainder to the number of years purchase ' required, when, the life of B is the older of the two.
Page 138 - ... required when the life of B in expectation is the older of the two...