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Σελίδα 136
When the debtor keeps the annuity in his own hands beyond the time of payment
, it is said to be in arrears . The sum of all the annuities for the time they have
been foreborne , together with interest due on each , is called the amount .
When the debtor keeps the annuity in his own hands beyond the time of payment
, it is said to be in arrears . The sum of all the annuities for the time they have
been foreborne , together with interest due on each , is called the amount .
Σελίδα 137
And 5 yrs . annuity , at 701. per yr . is 350 0 Ans . £ 385 0 2. A house being let
upon a lease of 7 years , at 400 dollars per annum , and the rent being in arrear
for the whole terrr . , I Jemand the surn due at the end of the term , simple interest
...
And 5 yrs . annuity , at 701. per yr . is 350 0 Ans . £ 385 0 2. A house being let
upon a lease of 7 years , at 400 dollars per annum , and the rent being in arrear
for the whole terrr . , I Jemand the surn due at the end of the term , simple interest
...
Σελίδα 205
ANNUITIES OR PENSIONS , OOMPUTED AT COMPOUND INTEREST . CASE I.
To find the amount of an annuity , or Pension , in artears , at Compound Interest .
RULE . 1. Make 1 the first term of a geometrical progression , and the amount of ...
ANNUITIES OR PENSIONS , OOMPUTED AT COMPOUND INTEREST . CASE I.
To find the amount of an annuity , or Pension , in artears , at Compound Interest .
RULE . 1. Make 1 the first term of a geometrical progression , and the amount of ...
Σελίδα 206
Under 6 per cent . and opposite 20 , in Table II , you will find , Tabular number =
36,78559 60 Annuity . Ans . $ 2207,13540 = 82207 , 15cts . 5m . + 3. Suppose an
Annuity of 1001. - be 12 years in arrears , it is required to find what is now due ...
Under 6 per cent . and opposite 20 , in Table II , you will find , Tabular number =
36,78559 60 Annuity . Ans . $ 2207,13540 = 82207 , 15cts . 5m . + 3. Suppose an
Annuity of 1001. - be 12 years in arrears , it is required to find what is now due ...
Σελίδα 207
Multiply by 50 = Annuity , Ans . $ 177,29750 = present worth of the annuity . 2.
What is the present worth of an annuity of 60 dols . per annum , to continue 20
years , at 6 per cent . compound interest ? Ans . $ 688 , 19scts . + 3. What is 30l .
per ...
Multiply by 50 = Annuity , Ans . $ 177,29750 = present worth of the annuity . 2.
What is the present worth of an annuity of 60 dols . per annum , to continue 20
years , at 6 per cent . compound interest ? Ans . $ 688 , 19scts . + 3. What is 30l .
per ...
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