 | Mathematics - 1801 - 446 pages
...Interest* RULE.* .'• ..• _ Find the present worth of each year- by itself, discounting from the time it becomes due. and the sum of all these will be the present worth required •. EXAMPLES. * The reason of this rule is manifest from the nature of discount,... | |
 | Francis Baily - Annuities - 1810 - 754 pages
...of determining the present value of any annuity is, to find the present value of each year'srentas it becomes due ; and the sum of all these will be...the present work I have denoted this annual rate by 3*: consequently the amount of £1 at the end of a year will be denoted by (I+g); and the present value... | |
 | Samuel Webber - Arithmetic - 1812 - 260 pages
...at Simple Interest* BULK.* Find the present worth of each year by itself, discounting from the time it becomes due, and the sum of all these will be the present worth required. * The reason of this rule is manifest from the nature of discount, for all... | |
 | Arithmetic - 1818 - 264 pages
...at Simple Interest, RULE. Find the present'worth of each year by itself, discounting from the time it becomes due, and the sum of all these will be the present worth required. EXAMPLES. 1. What is the present worth of an annuity of glOO, to continue 5... | |
 | Zadock Thompson - Arithmetic - 1826 - 176 pages
...rimple interest. RULE.* — Find the present worth of each year by itself, discounting from the time it becomes due, and the sum of all these will be the present worth required. Examples. 2. What is the present worth of an annuity of £100 to continue 5... | |
 | Encyclopaedias, William Waterston - Commerce - 1843 - 724 pages
...value of each year's rent as it becomes due from the given age to the oldest m the table of mortality, and the sum of all these will be the total present value of the annuity ; but in finding the value of annuities on a number of lives of several successive ages, the process... | |
 | William Waterston - Commerce - 1863 - 1028 pages
...value of each year's rent as it becomes due from the given ago to the oldest in the table of mortality, and the sum of all these will be the total present value of the annuity ; but in finding the value of annuities on a number of lives of several successive ages, the process... | |
 | Francis Baily - Annuities - 1864 - 340 pages
...method of determining the present value of any annuity is, to lind the present value of each year•s rent as it becomes due ; and the sum of all these...the whole of the present work I have denoted this anmia/rate1 by r; consequently, the amount of £1 at the end of a year 1 The annual rate should, in... | |
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HE method of determining the present value of any annuity is, to find the present value of each year's rent as it becomes due; and the sum of all these will be the total present value of the annuity required. Such value will in all cases depend on the... 