Inwoods Tables of Interest And Mortality for the Purchasing of Estates And Valu
Inwoods Tables of Interest And Mortality for the Purchasing of Estates And Valu
William Inwood
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Single and Annual Payments to secure i at Death On pp. 146-151 the single and annual payments to secure i at death are tabulated. There is a very close connection between these INTRODUCTION items and the values of annuities. Advantage is taken of this connec- tion to derive the values of assurances from those of annuities by means of Premium Conversion Tables, such as are given on pp. 185 and 1 86, in describing which this connection is explained (p. 35). For the moment it will be sufficient to... notice that the single payments to secure i at death can be readily obtained from the annuity values, pp. 138-145, by means of conversion tables, and the annual payments to secure i at death can also be obtained from the same pages. For details see pp. 35-39. Value of Reversions If we wish to know the average value of the reversion to a sum of money on the death of a person of a given age we can at once obtain it by multiplying the single payment to secure i at death by the sum in question. If, however, we wish to know the value of a rever- sion to a perpetuity that is to say, to a perpetual income such as may be derived from freehold property it is convenient to proceed some- what differently.
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