Missouri § 442.550 Examples.

Missouri Statutes

§ 442.550 — Examples.

Missouri § 442.550

Title XXIXOWNERSHIP AND CONVEYANCE OF PROPERTY

Ch. 442Titles and Conveyance of Real Estate

This text of Missouri § 442.550 (Examples.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 442.550 (2026).

Text

Suppose a person whose age is forty-two is tenant for life in the whole of an estate worth ten thousand five hundred dollars; the annual interest on that sum at six percent is six hundred and thirty dollars.  The present value of an annuity of one dollar at the age of forty-two, as appears by the table, is eleven dollars and seventy-seven cents and nine mills, which multiplied by six hundred and thirty dollars, gives seven thousand four hundred and twenty dollars and seventy-seven cents as the gross value of such life estate in the premises, or the proceeds thereof.  Again suppose a widow whose age is thirty-six is entitled to dower in real estate worth twelve thousand dollars; interest on four thousand dollars, the third part thereof, for one year, is two hundred and forty dollars, which,

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Suppose a person whose age is forty-two is tenant for life in the whole of an estate worth ten thousand five hundred dollars; the annual interest on that sum at six percent is six hundred and thirty dollars. The present value of an annuity of one dollar at the age of forty-two, as appears by the table, is eleven dollars and seventy-seven cents and nine mills, which multiplied by six hundred and thirty dollars, gives seven thousand four hundred and twenty dollars and seventy-seven cents as the gross value of such life estate in the premises, or the proceeds thereof. Again suppose a widow whose age is thirty-six is entitled to dower in real estate worth twelve thousand dollars; interest on four thousand dollars, the third part thereof, for one year, is two hundred and forty dollars, which, multiplied by twelve dollars and forty-six cents and five mills, the present value of annuity of one dollar at the age of thirty-six, as appears by the table, gives two thousand nine hundred and ninety-one dollars and sixty cents, as the gross value of such dower.