Hostname: page-component-7bb8b95d7b-cx56b Total loading time: 0 Render date: 2024-09-19T11:44:54.165Z Has data issue: false hasContentIssue false

On the Value of Reversionary Annuities Payable Half Yearly or Quarterly

Published online by Cambridge University Press:  18 August 2016

Rights & Permissions [Opens in a new window]

Abstract

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Correspondence
Copyright
Copyright © Institute and Faculty of Actuaries 1857

References

page 110 note * For let r be the period anticipated, A (an annuity to commence at the end of 2r) + .5 is its value = (1 + A p ) × t, a fraction generally nearly equal to unity; then A p t=annuity deferred for period of r = (l + A p )t – 1 nearly.=A + .5 –1=A–.5.