2015 Code of Virginia
Title 55 - Property and Conveyances
§ 55-271. Example

Suppose a person whose age is 42 is tenant for life in the whole of an estate worth $10,500. The annual interest on that sum at 8 percent is $840. The present value of an annuity of $1 at the age of 42, as appears by the table, is $10.77, which, multiplied by $840, gives $9,046.80 as the gross value of such life estate in the premises, or the proceeds thereof.

Code 1919, § 5133; 1946, p. 555; 1973, c. 355; 1981, c. 612; 1990, c. 831 .