Abstract
This seems to be the first English translation of this paper from the French
original, ``Sur les rentes viageres''. In the paper, Euler gives a general
formula for calculating the price of a life annuity that yields a certain
amount per year, assuming the annuity manager can get a 5 percent return, for
people of different ages. He also gives formulas to calculate the price of
annuities that only start to pay out a certain number of years after they are
purchased. He gives many numerical examples, giving tables for the prices of
annuities for annuitants up to 90 years old.
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