The doctrine of interest and annuities: analytically investigated and explained, together with several useful tables connected with the subject
The main topics discussed by this 1808 volume include the renewal of leases, amounts of sums increased or decreased annually and the amount and present value of increasing annuities. Four of the five technical indices included are used to derive approximations of the rate of interest.
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On Simple Interest
On the Amount of Sums at Compound Interest
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9 per Cent absciss agreeably alluded amounts of annuities annum payable arising becomes due binomial binomial theorem cent interest cent per annum co•efficient consequently debt Decimal degree of accuracy difference Discount equation example express the value finding the value formula FRANCIS BAILY geometrical progression given rate given sum given term half Halley's improved infinite interest per annum last year's annuity lease logarithmic curve method multinomial theorem multiplied natural number Neperean logarithm nominal annual rate nominal rate nuity number of Days number of payments O9OO observed ordinate payable half•yearly payable quarterly payments of interest period perpetuity powers present value purchase quantity rate of interest readily redeemed required to find reversion Seepage simple interest sinking fund substituting subtangent subtracted Sum due supplementary loans supposed taken equal true rate true value unity usury value of annuities value of f whence yearly annuity