Annuity Calculations
The mathematical theory of life annuities is based upon a knowledge of the rate of mortality among mankind in general, or among the particular class of persons on whose lives the annuities depend, see actuarial present value. In practice simply tables may be used, which vary in different places, but which are easily accessible.
Read more about this topic: Annuity (European Financial Arrangements)
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“Heaven’s calculations don’t follow man’s calculations.”
—Chinese proverb.