Volume 1

Observations on reversionary payments; on schemes for providing annuities for widows, and for persons in old age; on the method of calculating the values of assurances on lives; and on the national debt. Also, essays on different subjects in the doctrine of life-annuities and political arithmetic ... / by Richard Price. The whole new arranged, and enlarged ... by William Morgan.

  • Price, Richard, 1723-1791.
Date:
1812
Catalogue details

Licence: Public Domain Mark

Credit: Observations on reversionary payments; on schemes for providing annuities for widows, and for persons in old age; on the method of calculating the values of assurances on lives; and on the national debt. Also, essays on different subjects in the doctrine of life-annuities and political arithmetic ... / by Richard Price. The whole new arranged, and enlarged ... by William Morgan. Source: Wellcome Collection.

    404/474 (page 350)
    of the 5th year will be =~ Fades ae, mrs wes | dr* < dyr* the present value of he payment at the end of the 6th : Wi A eee omen 8 age dp Pel hase ot year will be = pe ble et Pima ns gle Fie and so on. ee Le: Hence the whole value will be = x 4 24 Se ke. amr? dr | .dr*. ars 1 Fed _ tlt es ees + &c. Let A and AB denote amr3 * apr “f dpr* + ie the respective values of annuities on the single and joint lives of two persons 3 years older than A A and B, and the general value will become = ae x Ax Ree. E. dD.