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A Practical Question

Published online by Cambridge University Press:  18 August 2016

J. C.
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Type
Correspondence
Information
Journal of the Institute of Actuaries , Volume 14 , Issue 1 , October 1867 , pp. 71 - 72
Copyright
Copyright © Institute and Faculty of Actuaries 1869

References

page 72 note * Is our correspondent correct in terming this the “usual formula”? As regards the problem, we should ourselves be disposed to adopt his Second method, taking d at six per cent., =·05660, which would give £88. 2s. 5d. as the annuity to be received by the Company.—ED, J. I. A.