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Annuities on Lives

Published online by Cambridge University Press:  18 August 2016

Charles M. Willich Esq.
Charles M. Willich Esq.*
Affiliation:
University Life Assurance Society
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Extract

The tables of the values of annuities on lives, as hitherto constructed, only show the rate of interest which a purchaser may make on the money employed, and replace the capital, provided he can reinvest the surplus income, beyond the interest on the purchase money, at the same rate of interest.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 7 , Issue 5 , April 1858 , pp. 273 - 274
Copyright
Copyright © Institute and Faculty of Actuaries 1857

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