Miftellanea Curiofa. 289 



every Year of the Perlbn's Life, the Sura of 

 all the prefent Values of thofe Chances h the 

 true Value of the Annuity. This will with- 

 out doubt appear to be a moft laborious Calcu- 

 lation j but it being one of the principal Uies of 

 this Speculation, and having found iome Compen- 

 dia for the Work, 1 took the pains to compute 

 the following Table, being the fhort Refult of a 

 not ordinary number of Arithmetical Operations : 

 It (hews the Value of Annuities for every 

 Fifth Year of Age, to the Seventieth, as fol- 

 lows. 



Age. 



Years Pur. 



Age. 



Years Pur. 



Age. 



Years Pur. 



I 



10,28 



2-5 



12,27 





9,21 



5 







11,72 



55 





IC 



13,44 



is 



1 1,1 2 



6, 



7,60 



15 





40 





65 



6,5-4 



2C 



11,78 



45 



9>9* 



7 C 





This (hews the great Advantage of putting 

 Money into the prefent Fund Jately granted to 

 Their Majefties, giving 14 per Cent, per Annum? 

 or at the Rate of 7 Years Purchafe for a Life ; 

 when young Lives, at the ufual Rate of Intereft, 

 are worth above 1 3 Years Purchafe. It (hews 

 likewife the Advantage of young Lives over thofe 

 in Years ; a Life of Ten Years being almoft 

 worth l^i Years Purchafe, whereas one of 36 

 is worth but 11. 



Vfe V. Two Lives are likewife valuable by 

 the lame Rule} for the number of Chances 

 of each fmgle Life, found in the Table, be« 

 ing multiplied together, become the Chances 

 of the Two Lives. And after any certain 



U Term 



