“\ 
74 Mr. Bowditch’s Life-Annuity Tables. 
Tas xe III. Exhibits the value of a life-right in the income of 
§ 100, supposing the rate of interest to be 5 or 6 per cent. Thus 
the value of the life-right of a person aged 50, interest being six 
per cent., is 62 +. per cent. Subtracting this from § 100, leaves 
100 
the present value of the reversion 37 25. per cent. Hence if the 
estate was worth $10,000, the present value of the life-right 
would be 6272, and the present value of the reversion 
$3728. 
Tasie IV. Exhibits the value of a Widow’s Dower in the 
income of $100. It is exactly one third of the value given by 
Table III. 
Thus if a widow has a right of dower in an estate worth 
#3000, her age being 40 years, and the rate of interest 5 per 
cent., we should find by the Table the present value of her life 
right to be worth 21 per cent.; hence we get the present value 
of her dower, $630. We get nearly the same result from 
Table III., where the life-right is 6222 per cent. on her third 
part of 3000, or $1000 set off to her for dower, making its 
present value § 629.90. 
Tape V. Exhibits the value of an annuity on a single life at 
every age. Thus a person at the age of 30 must pay $13.27 
to secure an annuity of one dollar per annum, interest being 
at five per cent.; or $11.80, interest being at six per cent. 
