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Tables for the Purchasing and Renewing of Leases: (English)

Tables for the Purchasing and Renewing of Leases: (English)

          
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About the Book

This historic book may have numerous typos or missing text. Not indexed. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1802. Not illustrated. Excerpt: ... I Explanation of Table I. This Table shews the number of years purchase that ought to be given for the grant of a lease, for any number of years, from one to a hundred, and at the several rates of 2, 2f, 3, 3, 4, 4, 5, 6, 7, 8, 9, and 10, per cent interest which the purchaser may thereby make of his money. In the first column are set down the terms, or number of years, for which the lease isto continue; and against such terms are Arranged the number of years purchase that ought to be given for the grant of the same, according to the several rates of interest above-mentioned, and which rates are marked at the head of the respective columns. The use and application of this table will appear from the following examples. Problem 1. To find the Sum that ought to be given for a Lease. Rule. Look in the table, against the number of years for which the lease is to continue, and, on the line even therewith, under the given rate of interest, you will find the number of years purchase that ought to be given for the same: multiply this value by the clear annual rent of the estate, and the product will be the sum required. It may be observed here, once for all, that the rules laid down for the solution of the four Problems in this chapter, by the use of this table, will apply to all the other tables alluded to in the subsequent chapters; therefore, it will be unnecessary to repeat them, in explaining the use of such tables. that Question 1. What sum ought to be given for the lease, for 26 years, of an estate of the clear annual rent of l% per annum, in order that the purchaser may make 5 per cent, interest of his money? Solution: In the table, against 26 years, and under 5 per cent, we shall find 14-375, which is the number of years purchase; f and this, multipl...


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Product Details
  • ISBN-13: 9781151463135
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 22
  • Series Title: English
  • Weight: 59 gr
  • ISBN-10: 1151463132
  • Publisher Date: 16 Jan 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 1 mm
  • Width: 189 mm


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