55-269.1 - Annuity table.

§ 55-269.1. Annuity table.

When a party as tenant for life is entitled to the annual interests on a sumof money, or is entitled to the use of any estate, or a part thereof, and iswilling to accept a gross sum in lieu thereof, or the party liable for suchinterest, or affected by such claim, has the right to pay a gross sum in lieuthereof, or if the court in any legal proceeding decree a gross sum to bepaid in lieu thereof, the sum shall be estimated according to the then valueof an annuity of eight percent on the principal sum during the probable lifeof such person, according to the following table, showing in Column I thepresent value, on the basis of eight percent interest, of an annuity of onedollar, payable at the end of every year that a person of a given age may beliving, for the ages therein stated:

PRESENT VALUE


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 ---------------------------------------------------------------
                                      I              II
Age last birthday                   life            lives
 ---------------------------------------------------------------
Less than one year                  12.060          11.670
1                                   12.291          12.124
2                                   12.291          12.127
3                                   12.286          12.120
4                                   12.278          12.107
5                                   12.267          12.091
6                                   12.256          12.071
7                                   12.242          12.049
8                                   12.227          12.024
9                                   12.211          11.996
10                                  12.192          11.965
11                                  12.171          11.930
12                                  12.149          11.892
13                                  12.125          11.852
14                                  12.102          11.812
15                                  12.078          11.773
16                                  12.055          11.736
17                                  12.032          11.701
18                                  12.010          11.666
19                                  11.988          11.632
20                                  11.964          11.596
21                                  11.939          11.559
22                                  11.913          11.521
23                                  11.886          11.480
24                                  11.857          11.437
25                                  11.824          11.389
26                                  11.789          11.336
27                                  11.751          11.278
28                                  11.709          11.215
29                                  11.664          11.148
30                                  11.615          11.075
31                                  11.564          10.998
32                                  11.510          10.917
33                                  11.452          10.831
34                                  11.391          10.741
35                                  11.326          10.645
36                                  11.258          10.545
37                                  11.186          10.440
38                                  11.110          10.331
39                                  11.031          10.217
40                                  10.948          10.098
41                                  10.861           9.975
42                                  10.770           9.847
43                                  10.675           9.714
44                                  10.576           9.576
45                                  10.473           9.434
46                                  10.365           9.288
47                                  10.254           9.138
48                                  10.138           8.983
49                                  10.018           8.824
50                                   9.893           8.661
51                                   9.764           8.493
52                                   9.631           8.322
53                                   9.493           8.147
54                                   9.352           7.970
55                                   9.207           7.790
56                                   9.057           7.608
57                                   8.904           7.423
58                                   8.747           7.237
59                                   8.586           7.048
60                                   8.421           6.856
61                                   8.252           6.662
62                                   8.078           6.466
63                                   7.900           6.267
64                                   7.718           6.067
65                                   7.532           5.865
66                                   7.343           5.663
67                                   7.150           5.460
68                                   6.954           5.256
69                                   6.755           5.052
70                                   6.552           4.847
71                                   6.345           4.640
72                                   6.134           4.431
73                                   5.920           4.222
74                                   5.705           4.015
75                                   5.491           3.812
76                                   5.279           3.615
77                                   5.069           3.424
78                                   4.861           3.239
79                                   4.654           3.057
80                                   4.448           2.879
81                                   4.244           2.706
82                                   4.044           2.538
83                                   3.846           2.376
84                                   3.652           2.217
85                                   3.459           2.061
86                                   3.272           1.911
87                                   3.097           1.774
88                                   2.934           1.651
89                                   2.780           1.537
90                                   2.630           1.426
91                                   2.485           1.319
92                                   2.350           1.220
93                                   2.227           1.131
94                                   2.118           1.053
95                                   2.024           0.986
96                                   1.943           0.931
97                                   1.873           0.885
98                                   1.811           0.845
99                                   1.754           0.810
100                                  1.701           0.779
101                                  1.651           0.751
102                                  1.602           0.726
103                                  1.550           0.703
104                                  1.492           0.682
105                                  1.420           0.661
106                                  1.322           0.637
107                                  1.178           0.602
108                                  0.955           0.535
109                                  0.595           0.383

(1973, c. 355; 1981, c. 612; 1990, c. 831.)