Tables for renewing and purchasing of the leases of cathedral-churches and colleges, according to several rates of interest ... Also tables for renewing and purchasing of lives. With tables for purchasing the leases of land or houses / [Anon].

Mabbut, George, Steward of King's College, Cambridge, -1689.

Date:: 1686

Credit: Tables for renewing and purchasing of the leases of cathedral-churches and colleges, according to several rates of interest ... Also tables for renewing and purchasing of lives. With tables for purchasing the leases of land or houses / [Anon]. Source: Wellcome Collection.

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$a9] chafe, 3 Lives 11 years, 1 quarter, 2] ‘months, jand..6; Decimal ‘Parts. purchafe, ) C, '» So if one fingle Life be reckoned as a | Leafe.of 12- years, then two will be as a) Eeale of 23, three as.a Leafeof- 33 years, | Gc, fo that at 6-per cent, one Life is worth) above: 8 years and ai quarter’s purchafe, two) | Lives above 12 years and a’ quarter’s pur- |) ll’ chafe, dic, as the Table fhews,' |. . 4 5 |< Now fuppofe any of thofe Perfohs which | Have their Lives upon an Eftace fhould die, | to take. in others.to make up the Number) again,’ ts: done by the Table of Reverfions| at the beginning of the Book: Example,) fuppofe there .be.three Lives upon an} | Eftaté, which at.7 years purchafe for the. firft Life, are valued at almoft 12 years) purchafe, and asa Leafe of 27 yeats, at) \\ 71. per cent, and if one of thole Perfons ‘i fhould die, what muft be given to. make), up the Number again’ then I fay,, one) ll |Life which is dead: was as a Leafe of to. lyears, and therefore to take in a New Life, | \I may reckon 10 years.of the 27 lapfed,|, I}jand {© take as it were a Fine for renewing Ip$