REVERSIONS.
145
Alive.
Dead.
Value of the Annuity to be received.
A B
• ,
3 #18.28
A C
B
3 #18.33 ^ #18.28.33
A
B c
#18 #18.28 #18.33 "t* #18:28.33
Art. 164.
Art. 163.
the sum, a l8 — ^ a 18 . 2a — ¡j#i 8 . 3 3 + 2 #i 8 . 2 8. 3 3 — value of A’s interest.
2)10.5668 =r a v
5.2834
19.0131 = a„
— #i«.5o — • 05
6.8212 = la 18 , 28
6.5609 = ¡¡a, s.33
13.3821
24.2963
13.3821
10.9144
30
327.432 — £327 8 8=value of A’s interest.
By proceeding in a similar manner we obtain the expression for the
value of B’s interest—
#28 h #18.28 ^ #28.33 ~f" #18.28.33 •
170, An annuity of £50 on the longest of three lives, respectively aged
18, 28, and 33 years, is to be divided equally between A and B during
their joint lives; if A dies first, B and C are to enjoy it equally during
their joint lives, and the survivor of them is to have the whole; but if
B dies first, A is to enjoy the whole during his life, and after his decease
the whole annuity goes to C.
Required, the value of their respective shares.
The formula for A’s proportion, which is of the same description as
in Art. 167, is a 18 — T>a 18 . 28 .
To find B’s share :
Alive.
Dead.
Annuity to be received.
A and B
B and C
B
A
A and C
2 #18.28
i #28.83 i #18.28.33
#28 #18.28 — #28.33 “f" #18.28.33
the sum = a. 2S — 1 a l9 ^ B —ha 2B , 33 + i a 18 , 28 . 33 = B’s share.
C’s share:
Alive.
Dead.
Annuity to be received.
B and C
c
A
A and B
2 #28.33 #18.28.33
#33 #18.83 #28.33 4“ #18 28,33
the sum —ct 33 ci l3 B3 #20.33 -h g #18.28.33 — C’s share.
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