130
LIFE ANNUITIES,
N 36 = 20503.891
N« = 11414.218
9089.673
30
D 36 = 1293.150)272690.19(210.873
2586300
1406019
1293150
£210 17 6
112869
103452
94l7
_9052
365
4. What is the present value of an annuity of ¿£90 for the next 10
years, to depend on the joint existence of a male aged 50, and a female
aged 55 ? (Chester 3 per cent, Table 23.)
^50,55 a (50, 55) — a 50, 55
po
1 1 r 1 '
Prob.Tah.2, log.4o =log 2778
do. log ¿ 6 5 =log 2956
do. ar. co log ¿ 50 =ar. co log 3675
do, ar. co log l i5 — ar. co log 3934
Table 8, Part 1, log 1.03' 10 =1.8716278
Table 23, log a e0 , 65 =log 6.624 =0.8211203
ho • 4.
= 3.4437322
= 3.4707044
=4.4347427
=4.4051656
a 60, 65
0.4470930 = 2.800=a w 55)
9.423=a 50>55 T°
6.623=r/. (5 o )55 )
90 10 t
596.070=596 1 5
5. An annuity of £30 during the life of a person now aged 36
is to be entered upon at the end of nine years: what annual pre
mium should be required, supposing the first payment made imme
diately, and the subsequent payments at the end of each year during the
next nine years, subject to the existence of the life ? (Carlisle 4 per
cent.)
(m)
®45 X
L* . r 9
Table 21, a 45 =14.10460, Table 1, / 3C =5307, ¿«=4727,
Table 4, Part 1, r 9 ~. 702587.