A Treatise On The Valuation Of Life Contingencies

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This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Excerpt from A Treatise on the Valuation of Life Contingencies Arranged for the Use of Students In drawing up the following Treatise on the Valuation of Life Contingencies, I have been guided by the consideration that the greater number of those young men who begin the study of Life Assurance bring a very slight acquaintance with Algebra, or with the Science of Numbers, to assist them. In order to lead such Students gradually forward I have divided the articles into two classes; - those intended for the perusal of beginners, and those which are to be read by advanced Students: the latter are distinguished by having their initial words printed in capital letters, while in the former there is no change of type. By confining his attention to the articles of the first class the young Student will avoid the discouragement of encountering difficulties which he is quite unprepared to surmount, while he may obtain a clear view of those general principles on which actuarial calculations are founded. When he has mastered the valuation of contingencies involving the lives of one and two nominees, he ought to resume the perusal of the Treatise from the beginning, taking the articles of the second class, and fortifying himself, if need be, by the study of those branches of Algebra which he finds to be essential. In the articles of the second class I have endeavoured to lead the student to an appreciation of those higher principles which are needed for the attainment of a complete knowledge of the subject, and have seized the opportunity of exhibiting those steps which lead from the ancient method of limits to the modern infinitesimal calculus. The subject in hand is peculiarly well adapted for this exhibition. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Reprint of the original, first published in 1883.