Alexander Hamilton Papers
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Enclosure A: [Table Showing the Effect of a Sum Annually Created], 30 November 1792

A.
Table Shewing the Effect of a Sum Annually Created, Equal to the Interest of the Sum to Be Redeemed, Within Each Year, for a Period of Nine Years, Commencing from the 1st of January 1793. On the Supposition, That the Interest on the Sum Annually Redeemed, Be Invested, As It Is Liberated, in the Purchase of 6 Per Cent Stock, at the Price of 22 Shillings in the Pound.
Periods of redemption Sums annually
redeemable.
Dollars. Cents
Interest annually
liberated.
Dollars. Cents
Sums annually
purchased.
Dollars. Cents
January 1st. 1794. 550.000.   33.000.   291.172. 4.
ditto 1795. 583.000.   34.980.   262.523. 5.
ditto 1796. 617.980.   37.078.80. 231.916.56.
ditto 1797. 655.058.80. 39.303.52. 199.233.86.
ditto 1798. 694.362.33. 41.661.73. 164.349.20.
ditto 1799. 736.024. 7. 44.161.44. 127.129.15.
ditto 1800. 780.185.52 46.811.13. 87,432.33.
ditto 1801. 826.996.65. 49.619.79 45.108.90.
ditto 1802. 1.126.616.44. 67.596.41. 61.451.28
Interest on debt paid
in and purchased
}
. . . . . . . . . . . . . . . . 65.000.  573.520.70.
459.212.82. 2.043.837. 7.

Alexander Hamilton. Secy. of the Tresy.

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