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The Valuation of Life Interests

Published online by Cambridge University Press:  27 November 2014

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Journal of the Staple Inn Actuarial Society , Volume 1 , Issue 5 , 1915 , pp. 24 - 41
Copyright
Copyright © Institute of Actuaries Students' Society 1915

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References

page 26 note * In normal times 3½%. In 1900 one would have written 2¾% or 3 %.

page 29 note * Many life interests have been bought on a lower interest basis, and even recently it might have been argued that in some cases 4½ per cent, would be satisfactory. Since these notes were written income tax has been increased, but in view of all the circumstances it has not been thought necessary to modify the examples.