APPENDIX.
[Image of page 33]
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.
|
£
|
1/2 per cent, on 35,000,000l. at 3 1/2 per cent, compound interest for.............................. 5 years
|
938,350
|
" " 10 " "
|
2,052,750
|
" " 15 " "
|
3,376,450
|
" " 20 " "
|
4,948,650
|
" " 25 " "
|
6,815,900
|
" " 30 " "
|
9,033,850
|
" " 35 " "
|
11,667,950
|
" " 40 " "
|
14,796,250
|
" " 45 " "
|
18,511,500
|
" " 50 " "
|
22,924,300
|
" " 55 " "
|
28,165,550
|
" " 60 " "
|
34,390,300
|
" " 65 " "
|
41,783,350
|
" " 70 " "
|
50,563,800
|
" " 75 " "
|
60,991,963
|
" " 80 " "
|
73,377,540
|
" " 85 " "
|
88,089,007
|
" " 90 " "
|
105,559,487
|
" " 95 " "
|
126,310,294
|
" " 100 " "
|
150,955,818
|
Total
|
£855,253,059
|
[Image of page 34]
[Page 34 is blank]
|
|
|