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On the Law of Mortality and the Construction of Annuity Tables

Published online by Cambridge University Press:  18 August 2016

William Matthew Makeham Esq.
William Matthew Makeham Esq.*
Affiliation:
Church of England Assurance Institution
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Extract

Most writers on the subject of life annuities have had occasion to lament the paucity of tables available for the performance of calculations involving two or more lives. The late Mr. David Jones has done much to supply this deficiency by the publication of complete sets of tables for two lives at various rates of interest; but, beyond this, it is extremely improbable that, under the present system, any considerable progress will be made, owing to the multiplicity of the different combinations when three or more lives are concerned, and the consequent magnitude of the task involved in the construction of complete sets of tables for such cases.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 8 , Issue 6 , January 1860 , pp. 301 - 310
Copyright
Copyright © Institute and Faculty of Actuaries 1860

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