 | Richard Price - Annuities - 1771 - 376 pages
...; the fum 25/0 the value of the expectation, by Mr. De Moivrt's hypothefis, is 9.919. Further. The value of 1/. to be received at the end of a year, provided the life whofe complement is » fails, is the probability of the failure of the life multiplied... | |
 | William Morgan - Annuities - 1779 - 348 pages
...finding a fourth proportional as above. Thus, 4.09 difcounted for a year (that is, multiplied by the value of 1 /. to be received at the end of a year) is 3-932, which is the prefent value of an Annuity certain for 14 years, the firft payment of which... | |
 | Francis Baily - Annuities - 1810 - 754 pages
...the given term : the product will be the answer required. See the note in page 44. Example 1. What is the present value of £1 to be received at the end of 30 years, provided a person, now aged 20, be then alive : interest being reckoned at 4£ per cent,... | |
 | Richard Price - 1812 - 476 pages
...the sum .=£25) the value of the expectation, by Mr. De Moivres hypothesis, is 9.9 1Q. Further. The value of £ 1 to be received at the end of a year, provided the life whose complement is n fails, is the probability of the failure of the life multiplied... | |
 | Francis Baily - 1813 - 352 pages
...7*592 (or unity * The probability that B shall live to the end of 15 years is equal to •&£%, and the present value of £1 to be received at the end of that term is equal to '48102: the product of these two quantities will give -19637 for the expectation... | |
 | Charles Ansell - 1835 - 228 pages
...the n lh year is p . (1 + r)". --i-'-— > — - a± ^ and if p be unity, and we make P a equal to the present value of £ 1, to be received at the end of the year in which the life A may fail, we obtain this equation ~ U+r / — / L 'sM-~~—*o+> JL "+*..... | |
 | Perry Fairfax Nursey - Industrial arts - 1842 - 632 pages
...be obtained by adding together the present values of the assurances for the separate years. Thus : the present value of £1 to be received at the end of one year, if death take place in that year, is, by Problem X., W ; of £% ю he reand the sum of all... | |
 | David Jones (Actuary) - Annuities - 1843 - 600 pages
....26873 .27697 .28639 .29679 .30831 .22074 .22696 .23378 .24141 .25030 .26022 .27126 TABLE XX1I. 8howing the present Value of £1 to be received at the end of the Year in which an assigned Life may fail. (Carlisle Kate of Mortality.) 5-11i Age. 3 per Out. 3l... | |
 | Jenkin Jones - Annuities - 1843 - 174 pages
...0.915 0.900 90 0-708 0.703 or,<j7 0.692 0.682 0.673 ABSOLUTE REVERSIONS— PRESENT VALUES. Shewing the Present Value of £1, to be received at the end of the year in which an Assigned Life may fail, according to the Mortality obtained from the combined... | |
 | Encyclopaedias, William Waterston - Commerce - 1843 - 724 pages
...£1 that £1 does to ita amount in one year. Hence, at 5 per cent. 1 -05 : 1 : : 1 '.-TJJ; = -952381, the present value of £1 to be received at the end of one year. In the same way, Il)i: ' ! ! Г05 : ÏH»)* = -9C7029' the Prient value of £1 to bo received... | |
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Take the rate of interest which money really makes *, and subtract the premium for 11. from the present value of 1 /. to be received at the end of a year (see last table) : divide the remainder by the excess of unity over the remainder, and the quotient... 
