A Treatise On Tontine : in Which the Evils of the Old System Are Exhibited, And An Equitable Plan Suggested for Rendering the Valuable Principle of Tontine More Beneficially Applicable to Life Annuities : With An Account of the Successful Operation of the
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In our eReader you can find the full English version of the book. Read A Treatise On Tontine : in Which the Evils of the Old System Are Exhibited, And An Equitable Plan Suggested for Rendering the Valuable Principle of Tontine More Beneficially Applicable to Life Annuities : With An Account of the Successful Operation of the Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Treatise On Tontine : in Which the Evils of the Old System Are Exhibited, And An Equitable Plan Suggested for Rendering the Valuable Principle of Tontine More Beneficially Applicable to Life Annuities : With An Account of the Successful Operation of the
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To quickly assess the difficulty of the text, read a short excerpt:
23 Income of an Income of an'income of an Investment of Investment of Investment of t'lOO in a Life £100 in a Life' £100 in a Price of £100 Age.
Annuity In- Annuity In- Tontine Stock of the Tontine terest at 3 j per terest at Sf per bearing Inter- Stock.
cent Stock 85g cent Stock 91§ est at 4| per to 68|.
to 93.
cent.
15 £5 1 6 £4 17 3 ^3 17 3 ^122.9773 25 5 8 6 5 4 3 4 4 3 112.7596 36 5 19 5 14 10 4 14 10 100.1757 45 6 15 1 6 11 3 5 11 3 85.3932 55 8 9 10 8 5 11 7 5 11 65.1056 65 11 8 11 11 4 ...11 10 4 11 46.3414 75 17 6 1 17 2 1 16 2 1 29.4954 80 24 5 24 10 23 10 20.6148 By an attentive consideration of the foregoing table it will be seen, that the advantages of survi- vorship are as great at the oldest age as at any other; for although the annuity is at first as much below the income of a life annuity as at the youngest age, viz. about one per cent, yet the advantage of sur- vivorship operates exactly in proportion to the re- spective ages ; so that every additional five shillings per cent interest added to the Stock, would, to a per- son of the age of eighty, increase the interest of his investment above twenty-four shillings per cent, while an investment at the age of fifteen would be increased little more than four shillings ; thus com- pensating for the shorter time that the aged are likely to enjoy the benefit of survivorship.
What to read after A Treatise On Tontine : in Which the Evils of the Old System Are Exhibited, And An Equitable Plan Suggested for Rendering the Valuable Principle of Tontine More Beneficially Applicable to Life Annuities : With An Account of the Successful Operation of the?
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To quickly assess the difficulty of the text, read a short excerpt:
23 Income of an Income of an'income of an Investment of Investment of Investment of t'lOO in a Life £100 in a Life' £100 in a Price of £100 Age.
Annuity In- Annuity In- Tontine Stock of the Tontine terest at 3 j per terest at Sf per bearing Inter- Stock.
cent Stock 85g cent Stock 91§ est at 4| per to 68|.
to 93.
cent.
15 £5 1 6 £4 17 3 ^3 17 3 ^122.9773 25 5 8 6 5 4 3 4 4 3 112.7596 36 5 19 5 14 10 4 14 10 100.1757 45 6 15 1 6 11 3 5 11 3 85.3932 55 8 9 10 8 5 11 7 5 11 65.1056 65 11 8 11 11 4 ...11 10 4 11 46.3414 75 17 6 1 17 2 1 16 2 1 29.4954 80 24 5 24 10 23 10 20.6148 By an attentive consideration of the foregoing table it will be seen, that the advantages of survi- vorship are as great at the oldest age as at any other; for although the annuity is at first as much below the income of a life annuity as at the youngest age, viz. about one per cent, yet the advantage of sur- vivorship operates exactly in proportion to the re- spective ages ; so that every additional five shillings per cent interest added to the Stock, would, to a per- son of the age of eighty, increase the interest of his investment above twenty-four shillings per cent, while an investment at the age of fifteen would be increased little more than four shillings ; thus com- pensating for the shorter time that the aged are likely to enjoy the benefit of survivorship.
What to read after A Treatise On Tontine : in Which the Evils of the Old System Are Exhibited, And An Equitable Plan Suggested for Rendering the Valuable Principle of Tontine More Beneficially Applicable to Life Annuities : With An Account of the Successful Operation of the?
You can find similar books in the "Read Also" column, or choose other free books by Charles Compton to read onlineMoreLess
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