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Mr. Scratchley on Post Obits

Published online by Cambridge University Press:  18 August 2016

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Type
Correspondence
Information
Journal of the Institute of Actuaries , Volume 7 , Issue 1 , April 1857 , pp. 52 - 58
Copyright
Copyright © Institute and Faculty of Actuaries 1857

References

page 52 note * Not, as Mr. Scratchley has it, “an annuity of £330 a year.”

page 54 note * The ax, y of Mr. Scratchley being the 1 + a x, y or 1 + AB of other writers.

page 55 note * At the present price of Consols, 94, the rate of annuity granted at age twenty, by the Government Tables, is £5, 0s. 7d. per cent.; the value, therefore, is 19·884 years' purchase, and differs from the Carlisle 3½ per cent. by ·028 only.

page 58 note * There ate two letters on this subject in the Post Magazine for October, 1855, but they take only a partial view of the question.