ASSURANCES.
213
On Two Joint Lives after the decease of a third.
The value of an annuity on two joint lives aged in and m l} after the
decease of a third aged m 2 , is
mi u rn, mi, m 2 3
the annual premium for the same is
dm, mi dm, m\, m2
* + d m , mi, m2
On the Survivor of two Lives after the failure of a third.
The value of an annuity on the survivor of two Jives aged m and m x ,
after the death of another aged m 2 , is
d„ lL a m> mj ” d m , mjs flmj, m2 mi, m2 )
the annual premium for the same is
a m-T a my d m , mi” d m , m2 ®mi, m2T" d W) mi , m%
1 T d m , m 2 + dm m-z d m , m x , mo
ASSURANCES.
The single premium for an assurance on a single life aged m, is
1 — ia„,
A m -r—{l-r)a m , or 1 — (1— 0(1 + 0, or
M m , . N m _,
or TT* or 1 ” o ~o TT~ ;
l+z *
the annual premium for the same is
A m 1Î , M
or (i —r), or
D„
1 + a„
1 +a v
N , 5 N
’ m—l J-’ m—1
(1~0.
The single ‘premium for an assurance on two joint lives aged m and
m l is
1 — id
Jm.Trrr— (1 or 1—(l-r)(l + a„„ mi ), or - * 1 *
1 m,vni — ' ‘ /^m, mi :
the annual premium for the same is
1-H
A,
1 -\-d n
or
1 T" d-m, :
(1-0.
The single premium for an assurance on the longest of two lives
aged m and vn x , is
-1=r— (1 — r)(a m + a mi - a m ,
or
’ (m, mj) ' V-- ■ -"mi "m.
1 — (1 - 0(1 + «m+a mi - a m , mj,
1 — ¿( a m+<y—a m .w x ).
l + i 1