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The Doctrine of Interest and Annuities Analytically and Explained; Together with Several Useful Tables connected with the subject.
BAILY, FRANCIS

  • The Doctrine of Interest and Annuities Analytically and Explained; Together with Several Useful Tables connected with the subject.

Engraved plate, tables, appendices; xvi+144+[64]pp; a little spotting to first few leaves.

Francis Baily [1774-1844] entered the Stock Exchange in 1799. According to the Oxford DNB, 'Baily's early works on annuity tables and assurance societies reveal that he drew strongly upon the eighteenth-century radical dissenter Richard Price. His work on life annuities and insurances attempted systematically to algebraize the subject and represent various cases of annuities and assurances by symbols. He was also one of the first not to rely on Price's Northampton mortality tables, since, he claimed, the duration of human life was in fact longer than these tables suggested.' In his youth, Baily, an acquaintance of Priestley, had travelled in America, where he was so impressed with the nation, that he declared he would take United States citizenship. On his retirement from business he devoted himself to astronomy becoming the first to observe 'Baily's Beads'.

Engraved plate, tables, appendices; xvi+144+[64]pp; a little spotting to first few leaves.

Francis Baily [1774-1844] entered the Stock Exchange in 1799. According to the Oxford DNB, 'Baily's early works on annuity tables and assurance societies reveal that he drew strongly upon the eighteenth-century radical dissenter Richard Price. His work on life annuities and insurances attempted systematically to algebraize the subject and represent various cases of annuities and assurances by symbols. He was also one of the first not to rely on Price's Northampton mortality tables, since, he claimed, the duration of human life was in fact longer than these tables suggested.' In his youth, Baily, an acquaintance of Priestley, had travelled in America, where he was so impressed with the nation, that he declared he would take United States citizenship. On his retirement from business he devoted himself to astronomy becoming the first to observe 'Baily's Beads'.

Binding 4to contemp half calf, rebacked retaining orig. label, some wear on corners,
Publication First Edition, Sold by John Richardson, 1808.
  • Product Code: RGW18770
  • Availability: In Stock
  • £250.00