MOIVRE, A(braham) de Annuities Upon Lives: or, The Valuation of Annuities upon any Number ofLives; as also, of Reversions. To which is added, An appendix concerningExpectation of Life, and Probabilities of Survivorship. By W.P. and sold buy Francis Fayram London 1725 Contemp. calf, neatly rebacked First edition. (ii), 4, viii, 108, (11) pp., 8vo. "Using the mortality statistic gathered by Edmund Halley in the 1690s, Moivre formulated the theory of annuities, deriving his formulas from postulated uniform rate of mortality and constant rates of interest on money." ---Norman Library 1530. "here one finds the treatment of joint annuities on several lives, the inheritnce of annuties, problems about the fair division of the costs of a tontine, and other contracts in which both age and interest on capital ar revelant. This mathematics became a standard part of all subsequent commercial applications in England."--- DSB. Norman copy brought $6,325.00. --Garrison-Morton 1690. Blake, p. 307. Kress 3595. Lacks the preliminary blank found in the British Library copy, but with the errata slip, pasted to p. viii, which that copy lacks. Some marginal staining not encroaching into text. A very good copy. Price: USD 3,000.00 other currencies   order no. 1173    inquire

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