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A Practical Question

Published online by Cambridge University Press:  18 August 2016

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Abstract

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Type
Correspondence
Copyright
Copyright © Institute and Faculty of Actuaries 1869

References

page 72 note * Is our correspondent correct in terming this the “usual formula”? As regards the problem, we should ourselves be disposed to adopt his Second method, taking d at six per cent., =·05660, which would give £88. 2s. 5d. as the annuity to be received by the Company.—ED, J. I. A.