Note: this document has content that may require expanded/print view for best results (icons above right)
Enclosure B: Table Exhibiting a View of the Proposed Plan of Redemption, 30 November 1792
| Table Exhibiting a View of the Proposed Plan of Redemption. | |||||||||||
| N: B: All the calculations in this table proceed upon a rate of five per cent interest. |
|||||||||||
| Periods of redemption or payment. |
Sums redeemable. | Temporary Loans. | Amount of sums borrowed with compound interest to the respective periods of reimbursement. |
Years when Annuities begin to accrue. |
Years Annuities. |
Annuities | |||||
| Times of Reimbursement. |
Years duration. |
||||||||||
| Dollars. Cents. | Dollars. Cents. | Dollars. Cents. | |||||||||
| January 1st | 1794. | 550.000. | January 1st | 1799. | 5. | 701.954. | 1793 … | 6. | 103.199. 6. | ||
| ditto | 1795. | 583.000. | ditto | 1800 | 5. | 744.071.24. | 1794 … | 6. | 109.391.60. | ||
| ditto | 1796. | 617.980. | ditto | 1801 | 5. | 788.715.51. | 1795 … | 6. | 115.955.17. | ||
| ditto | 1797. | 655.058.80. | ditto | 1802 | 5. | 836.038.44. | 1796. | 6. | 122.912.48. | ||
| ditto | 1798. | 694.362.33. | ditto | 1802 | 4 | 843.997.41. | 1797 … | 5. | 152.743.12. | ||
| ditto | 1799. | 736.024. 7. | ditto | 1802. | 3. | 852.021.46. | 1798. | 4. | 197.680.20. | ||
| ditto | 1800. | 780.185.52. | ditto | 1802 | 2. | 860.154.53. | 1799. | 3. | 272.848.38. | ||
| ditto | 1801. | 826.996.65. | ditto | 1802. | 1. | 868.346.48. | 1800. | 2. | 423.583.64. | ||
| ditto | 1802. | 1.126.616.44. | |||||||||
|
6.570.223.81. | ||||||||||
Treasury Department, November 30th. 1792
Alexander Hamilton.