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Remarks on a Problem in Life Contingencies

Published online by Cambridge University Press:  18 August 2016

Peter Gray
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Extract

A survivorship annuity of £100, payable half-yearly till death, on (26) after (32), is to be paid for by an annual premium, returnable if (26) die before (32). Required the annual premium, which shall give to the grantor a profit of 15 per-cent ; the rates of mortality and interest assumed as those which will actually obtain, being Carlisle 4 per-cent.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 21 , Issue 1 , April 1878 , pp. 67 - 70
Copyright
Copyright © Institute and Faculty of Actuaries 1879

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References

page 70 note * On further consideration, I am satisfied I might say fifty times, and still be under the truth.