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|Qu: 1.||In what Time will an Annuity of 8 pay 100. Int: at 6 p %.|
|Ansr. 23.7913 Years or 23 Years 288 Days.|
|Qu: 2.||What is the present Value of an Annuity of 8 for 23.7913 Years Int: at 4 p %.|
|Qu: 3.||What principal Sum will in ten Years amount to 121.3342 Int: at 4 p %.|
|Qu: 4.||In What Time will a quarterly Payment of 2 pay 100. Int: at 1¼ p % quarterly.|
|Ansr: 23.277875 Years or 23 Years 101 Days|
|Qu: 5.||What is the present Value of a quarterly Payment of 2 for 23.277875 Years Quarterly Interest at 1 p %|
|Qu: 6.||What principal Sum will in ten Years amount to 150 Int: at 4 p %|
|Qu: 7.||What is the Rate of Interest paid by the Borrowers when a Commission of 4 p % is allowed on a Loan for 20 Years bearing 4 p % Interest.|
Value of the deferred Debt by Qu: & Ansr. No. 3.
The gain is then at least one eighth of the Money applied to this Operation.
3. AD, Hamilton Papers, Library of Congress.