The Pamphlet Collection of Sir Robert Stout: Volume 14
Appendix
Appendix.
Table showing the Increase at 3½ 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 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.
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 5 years | 938,350 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 10 years | 2,052,750 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 15 years | 3,376,450 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 20 years | 4,948,650 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 25 years | 6,815,900 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 80 years | 9,033,850 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 85 years | 11,667,950 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 40 years | 14,796,250 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 45 years | 18,511,500 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 50 years | 22,924,300 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 55 years | 28,165,550 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 60 years | 34,390,300 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 65 years | 41,783,350 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 70 years | 50,563,800 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 75 years | 60,991,963 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 80 years | 78,377,540 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 85 years | 88,089,007 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 90 years | 105,559,487 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 95 years | 126,810,294 |
½ per cent, on 35,000,000l. at 3½ per cent, compound interest for | 100 years | 150,955,818 |
Total | £855,253,059 |