?Final Price Realized includes Buyer’s Premium added to Hammer Price
Estimate: $ 2,000 - $ 3,000
DE MOIVRE, ABRAHAM. Annuities upon Lives; or, The Valuation of Annuities upon any Number of Lives; as also, of Reversions.To which is added, An Appendix concerning the Expectations of Life, and the Probabilities of Survivorship. [6] (of [8]), viii, 108, [2] pages; lacks the initial blank. Errata slip mounted on page viii. 8vo, contemporary calf, rebacked; marginal dampstaining at beginning and end. London: W. P. for Francis Fayram et al., 1725
first edition. "De Moivre's contribution to annuities lies not in his evaulation of the demographic facts then known but in his derivation of formulas for annuities based on a postulated law of mortality and constant rates of interest on money . . . This mathematics became a standard part of all subsequent commercial applications in England" (DSB). DSB IX, 452-55; Garrison-Morton 1690; Kress 3595; Norman 1530.
