Johan de Witt - The first calculation on the valuation of life annuities
Despite his efforts, a critical read of the treatise is advisable. His clear intention was to substantiate a political argument, and it is obvious that the partisan politician and not the neutral mathematician is writing the paper. This becomes most apparent when the calculation error is observed, which hints at the fact that de Witt might have manipulated his work. Since his prime aim was to have a convincing argument to support life annuities, this is to an extent understandable, but only after regarding the political and situational context, this perspective becomes clear. Keeping this in mind during the study of papers created for similar purposes is essential.