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On the Construction and Use of Commutation Tables for Calculating the Values of Benefits depending on Life Contingencies
Published online by Cambridge University Press: 18 August 2016
Extract
To find the value of a life annuity on (x), of which the first payment is to be £1; the second, £2; the third, £3; and so on, increasing annually, by the amount of the first payment, to the end of life.
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- Copyright © Institute and Faculty of Actuaries 1863