APPENDIX.
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APPENDIX.
Table showing the Increase at 3 1/2 per cent. Compound Interest of a Half per Cent. Guarantee on Thirty-five Millions supplied every Five Years for a Hundred Years.
EACH thirty-five millions is calculated separately. Properly the table should be inverted. The first thirty-five millions would bear an accumulating 1/2 per cent, interest for 100 years, the second for 95 years, and so on, until the last instalment would only have five years to run.
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£
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| 1/2 per cent, on 35,000,000l. at 3 1/2 per cent, compound interest for.............................. 5 years
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938,350
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| " " 10 " "
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2,052,750
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| " " 15 " "
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3,376,450
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| " " 20 " "
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4,948,650
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| " " 25 " "
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6,815,900
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| " " 30 " "
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9,033,850
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| " " 35 " "
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11,667,950
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| " " 40 " "
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14,796,250
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| " " 45 " "
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18,511,500
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| " " 50 " "
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22,924,300
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| " " 55 " "
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28,165,550
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| " " 60 " "
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34,390,300
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| " " 65 " "
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41,783,350
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| " " 70 " "
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50,563,800
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| " " 75 " "
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60,991,963
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| " " 80 " "
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73,377,540
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| " " 85 " "
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88,089,007
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| " " 90 " "
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105,559,487
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| " " 95 " "
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126,310,294
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| " " 100 " "
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150,955,818
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| Total
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£855,253,059
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