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Pocket Encyclopedia Volume 3; Or, a Dictionary of Arts, Sciences, and Polite Literature

Pocket Encyclopedia Volume 3; Or, a Dictionary of Arts, Sciences, and Polite Literature


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1811 Excerpt: ...a life of 20. The value of an annuity certain for a term equal to the expectation, always exceeds the true value, because, in a number of life annuities, many of the payments would not be to be made till a much more remote period than the term equal to the expectation. Upon this principle the following table is computed, from which it appears that the present value of an annuity of 1/. on a life of 20 years of age, is equal to 14/. and a small fraction only; that is, 14/. in hand for each life, improved at compound interest, will be sufficient to pay to any number of such lives tf. per annum. TABLE I. Shewing the Value of an Annuity of il. on a Single Life, at every Age, according to the probabilities of the Duration of Human Life at Northampton, reckoning interest at 5 per cent. TABLE II. Shewing the Value of an Annuity during the joint continuance of Two Lives, according to the probabilities of life at Northampton, reckoning interest at 5 per cent, beginning at the age of 10 and ending with that of 60. Ages. Value. 10-10 12.665 10-15 12.302 10-20 10-25 10 30 10-35 10-40 10-45 10-50 10.55 10-60 10-65 10-70 10-75 10 80 15-15 15-20 1-25 15,30 11.9061 11.627 J 11.304 10916; 10.442: 9.900, 9.260 8.560 7.750 6.803 5.700 4.522 3.395 11.960 11.585 11.324 11.021 15-3.5flO.655 15 40:10.205 15-45 9.690 15-50 9.076 15,551 8.403 Ages. Value. 15-75 4.495 15-80 3.372 20-20 11.232 20-25; TO. 989 20-30,10.7.07 20-35 10.363 20-40 9.937 15-60 15-65 15-70 7 622 6.705 5.631 20-45 20-50 20 55 20-60 20-65 20-70 20-75 20-80 25-25 25-30 25-35 25-40 l 25-45 i 25-50 J25t55 25-60 25-65 25-70 25-75 H25-80 9.448 8.861 8.216 7.467 6.576 5.532 4.424 3.325 10.764 10.499 10.175 9.771 9.301 8.739 8.116 7.383 6.5J5 5.439 4.396 '3.308 Ages. Value. 30-30 30-35 30-40 30-45 30-50 30-55 30-60 30...


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Product Details
  • ISBN-13: 9781231903681
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 94
  • Spine Width: 5 mm
  • Width: 189 mm
  • ISBN-10: 1231903686
  • Publisher Date: 01 May 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 181 gr


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Pocket Encyclopedia Volume 3; Or, a Dictionary of Arts, Sciences, and Polite Literature
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