Full text: On the value of annuities and reversionary payments, with numerous tables (Vol. 1)

TEMPORARY ASSURANCES. 
1G 3 
l + «s6+«4i—«36.41=20.3271)101.988(5.017 = £5 0 4 annual prem. 
1016355 
3525 
2033 
1492 
196. If at the time of effecting the insurance, a certain sum should 
be paid with a view of diminishing the annual premiums to he paid 
during the term of life, this sum subtracted from the single premium 
that would be required, is the amount for which an equivalent annual 
premium is to be paid; and as the first annual premium in this case is 
paid at the end of the year, we must divide the amount by the annuity 
on the life or lives. 
A person aged 26 wishes to effect an insurance of £500 payable at 
his decease, by paying an immediate sum of ¿£100, and afterwards an 
annual premium during his life. What must be the amount of that 
premium, Carlisle 4 per cent ? 
.289005 “A 8 
005 
144.5025 
100. 
17.4859) 44.5025 (2.545=£2 10 11 
349718 
95307 
87430 
7877 
6994 
883 
TEMPORARY ASSURANCES. 
197. To find the single premium to secure a sum payable at the 
end of the year in which the given life or joint lives shall fail, provided 
that event happen within t years. 
The value of the expectation of receiving the sum at the end of the 
wth year is r n (n 
A, 
)> 
in which we have 
m 2
	        
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