Equational Arithmetic: Applied to Questions of Interest, Annuities, Life Assurance, and General Commerce; with Various Tables, by which All Calculations May be Greatly Facilitated

Portada
J. Weale, 1852 - 98 páginas
 

Páginas seleccionadas

Otras ediciones - Ver todas

Términos y frases comunes

Pasajes populares

Página 80 - The value of an assurance for one year is equal to the present value of £1 to be received at the end of the year, counted by the probability of the given life failing to survive one year.
Página 11 - To Divide One Number by Another, Subtract the logarithm of the divisor from the logarithm of the dividend, and obtain the antilogarithm of the difference.
Página 8 - ... 4,289 ? Similarly, they read 4,562.3107 " forty-five, sixty-two, point, thirty-one, oh, seven"; 63405.6029 "six thirty-four, oh, five, point, sixty, twenty-nine." EXERCISES Write the following numbers in words: 265.32; 3,256; 8.56; 45.603; 4.5608; 23.0045; 35.6718. 61. Addition and Subtraction. — Decimals are added and subtracted in the same manner as whole numbers. This results from the fact that 10 units make 1 ten and 10 tens make 1 hundred; similarly, 10 hundredths make 1 tenth, 10 tenths...
Página 72 - To determine the present value of a sum of money to be received at some future date, we need only to determine the appropriate table value and multiply it by the future value.

Información bibliográfica