Excerpt from Practical Lessons in Actuarial Science, Vol. 2: An Elementary Text-Book; Containing Also Questions and Examples; Tables It was adopted by the State Of New York as its legal standard, interest being taken at four and one-half per cent, and this was followed by its adoption in several other States. When New York changed its interest assumption to four per cent, it also changed to the Actuaries' Table, but now to the American Experience Table and 356 per cent. The American Experience Table is, however, largely ...
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Excerpt from Practical Lessons in Actuarial Science, Vol. 2: An Elementary Text-Book; Containing Also Questions and Examples; Tables It was adopted by the State Of New York as its legal standard, interest being taken at four and one-half per cent, and this was followed by its adoption in several other States. When New York changed its interest assumption to four per cent, it also changed to the Actuaries' Table, but now to the American Experience Table and 356 per cent. The American Experience Table is, however, largely employed by New York companies in their calculations, and notably in more recent departures, such as three per cent and three and one-half per cent reserves. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... 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.
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