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209
RECAPITULATION OF FORMULAS.
NOTATION.
ci m — present value of ¿£l per annum on a life aged in.
^ m, mi, m2, &e, — do. on the joint existence of the lives aged
m, m,, m 2 , &c.
do. on the joint existence of the last v survivors
of the lives aged m, m,, m 2 , &c.
»resent value of £\ per annum for the next n years,
subject to the existence of a life aged m.
do. subject to the joint existence of the lives
aged m, m,, in 2 , &c.
do. subject to the joint existence of the last v
survivors of the lives aged m, m,, m 2 , &c.
»resent value of £l per annum to be entered upoa
at the expiration of n years, and afterwards to
continue so long as a life now aged in shall sur
vive that period.
¿hm,mi, m 2 , &c.) — do. dependent on the joint existence of the lives
now aged in, in,, m 2 , &c.
— do. on the joint existence of the last v survivors
1,1 of the lives aged m, in,, m 2 , &c.
A substituted for a in each of the above cases, denotes the present
value of an assurance of ¿£l for a similar term.
A m , = present value of an assurance of £l on the failure of
a certain life aged in, provided another aged in,
survive him.
esent value of an assurance of £ 1 on the death of
a party aged in, provided another aged m, shall
have died previously.
esent value of an assurance of £l payable at the
end of the year when a life aged in shall fail, pro
vided that event happen within the next n years,
and another life aged m, survive him.
do. provided the event happen after the next n
years.
d m — the number dying in the with year of age.
e m — average number of years a life aged m survives,
called the expectation.
l m = number of living at the age rn.
'in