The Theory of Finance

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Excerpt from The Theory of Finance: Being a Short Treatise on the Doctrine of Interest and Annuities-Certain The work is for the most part a compilation, and it does not profess to contain much that is original. A word of explanation on this point is necessary, as, except in rare instances, it has not been thought desirable to mention other authors. A consecutive style has been adopted, which would have been broken by frequent quotations or references. The greater portion of the matter which is not given in the older text-books will be found in the Journal of the Institute 0] Actuaries, to which the initials sometimes appearing in the following pages, refer. 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.