An Essay to Ascertain the Value of Leases And Annuities for Years And Lives
An Essay to Ascertain the Value of Leases And Annuities for Years And Lives
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Minus a. H. Is the Chance on the Life of A, and A. C. Minwi a. C. The Chance on the Life of B, If we would be informed in what Time the even Chance is that A. May die, we compute what are the Number of Perfons of his Age dying, or the Chances of Mortality ariling, in each Year of his Life, beginning at the Age ten, and of the Line a. H. We take in each Year a- Part in Proportion to fuch Chances, 'till we come to that Year in which the Line by fuch Takings becomes (^i half the Length of the Line... A. B. ; that is when the Number of Perfons of his Age living and the Number of thofe dead, that is the Chances of Vitality and Mortality, are even ; and that is the Year to which 'tis an even Chance that A* will live, and not beyond it.
If we carry our Enquiries to the Lives of A. And JB. , and the Survivor of them, and would know what are the Chances that both are, or one of them is, living at the End of a given Number of Years ; and what is the Year in which the even Chance is that both are dead ; we proceed thus, according to the Doctor's Rule.
What to read after An Essay to Ascertain the Value of Leases And Annuities for Years And Lives?
You can find similar books in the "Read Also" column, or choose other free books by Weyman Lee to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Minus a. H. Is the Chance on the Life of A, and A. C. Minwi a. C. The Chance on the Life of B, If we would be informed in what Time the even Chance is that A. May die, we compute what are the Number of Perfons of his Age dying, or the Chances of Mortality ariling, in each Year of his Life, beginning at the Age ten, and of the Line a. H. We take in each Year a- Part in Proportion to fuch Chances, 'till we come to that Year in which the Line by fuch Takings becomes (^i half the Length of the Line... A. B. ; that is when the Number of Perfons of his Age living and the Number of thofe dead, that is the Chances of Vitality and Mortality, are even ; and that is the Year to which 'tis an even Chance that A* will live, and not beyond it.
If we carry our Enquiries to the Lives of A. And JB. , and the Survivor of them, and would know what are the Chances that both are, or one of them is, living at the End of a given Number of Years ; and what is the Year in which the even Chance is that both are dead ; we proceed thus, according to the Doctor's Rule.
What to read after An Essay to Ascertain the Value of Leases And Annuities for Years And Lives?
You can find similar books in the "Read Also" column, or choose other free books by Weyman Lee to read onlineMoreLess
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