Amortization a Guide to the Ready Computation of the Investment Value of Bonds
Amortization a Guide to the Ready Computation of the Investment Value of Bonds
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In our eReader you can find the full English version of the book. Read Amortization a Guide to the Ready Computation of the Investment Value of Bonds Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Amortization a Guide to the Ready Computation of the Investment Value of Bonds
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To quickly assess the difficulty of the text, read a short excerpt:
10, 063. 81, 9 30, 191. 46 The figures on the right are reliable as the successiv investment- values; the only possible error would be from having incorrectly set down the first column or from having made an error in multiplying by 3.
Both of these may be effectually checkt by the use of an adding- and-listing machine. Let a list of the right-hand column be made, with total; also a list of values of $1, 000, 000. On which they are based, with total, 12 Amortization which is 10, 332, 556. 86 Mul...tiplying by 3 30, 997, 670. 58 which indicates that the total of the other column should be 309, 976 . 71 In fact it is 309, 976. 72 and the trifling discrepancy may be ignored. Small differences in the cents are usually caused thru the suppression of decimals.
This, in such a case, is of course the easiest way of obtaining the values required. In making up the schedule the values occupy the right- hand column; the column preceding it is derived by subtraction; the one before that again by subtraction from the interest column, which is constant.
What to read after Amortization a Guide to the Ready Computation of the Investment Value of Bonds?
You can find similar books in the "Read Also" column, or choose other free books by Sprague, Charles E. (Charles Ezra), 1842-1912 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
10, 063. 81, 9 30, 191. 46 The figures on the right are reliable as the successiv investment- values; the only possible error would be from having incorrectly set down the first column or from having made an error in multiplying by 3.
Both of these may be effectually checkt by the use of an adding- and-listing machine. Let a list of the right-hand column be made, with total; also a list of values of $1, 000, 000. On which they are based, with total, 12 Amortization which is 10, 332, 556. 86 Mul...tiplying by 3 30, 997, 670. 58 which indicates that the total of the other column should be 309, 976 . 71 In fact it is 309, 976. 72 and the trifling discrepancy may be ignored. Small differences in the cents are usually caused thru the suppression of decimals.
This, in such a case, is of course the easiest way of obtaining the values required. In making up the schedule the values occupy the right- hand column; the column preceding it is derived by subtraction; the one before that again by subtraction from the interest column, which is constant.
What to read after Amortization a Guide to the Ready Computation of the Investment Value of Bonds?
You can find similar books in the "Read Also" column, or choose other free books by Sprague, Charles E. (Charles Ezra), 1842-1912 to read onlineMoreLess
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