Mine Accounts And Mining book Keeping a Manual for the Use of Students Manager
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To quickly assess the difficulty of the text, read a short excerpt:
See also Attlee, "Lecture on Colliery Accounts, " The Accountant, vol. Xi. , 1885, pp. 576-9; and Smith, Op. Cit.
t See discussion on Mr. Smith's paper in Trans. Fed. Inst, of Mining Engineers, vol. Iii. , p. 119; also H. D. Hoskold, "Notes upon Redemption of Capital Invested in Collieries, " Trans. Fed. Inst, of Mining Engineers, vol. Iii. , p. 735.
J See Todhunter's Algebra. London, 1887, p. 304.
R" - -1 R" (R - 1) R« (R - 1) REDEMPTION OF CAPITAL.
107 This method of solving the problem assum...es that the amotint of the annuity beyond the interest on capital, is invested each year at the same rate of interest as the capital yields. This is evidently unfair, for while 8 or 10 or even a greater percentage might not be considered too much for capital in- vestment in mining, such capital could not safely be recouped at a greater interest than perhaps 2^ or 2 per cent.
Let* r be the interest on one pound obtained from capital invested, then R = 1 + r ; also let r^ be the interest obtained on sums annually invested to recoup capital, and 7*^ + 1 = R, ; the other symbols have the same significance as before.
What to read after Mine Accounts And Mining book Keeping a Manual for the Use of Students Manager?
You can find similar books in the "Read Also" column, or choose other free books by James Gunson Lawn to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
See also Attlee, "Lecture on Colliery Accounts, " The Accountant, vol. Xi. , 1885, pp. 576-9; and Smith, Op. Cit.
t See discussion on Mr. Smith's paper in Trans. Fed. Inst, of Mining Engineers, vol. Iii. , p. 119; also H. D. Hoskold, "Notes upon Redemption of Capital Invested in Collieries, " Trans. Fed. Inst, of Mining Engineers, vol. Iii. , p. 735.
J See Todhunter's Algebra. London, 1887, p. 304.
R" - -1 R" (R - 1) R« (R - 1) REDEMPTION OF CAPITAL.
107 This method of solving the problem assum...es that the amotint of the annuity beyond the interest on capital, is invested each year at the same rate of interest as the capital yields. This is evidently unfair, for while 8 or 10 or even a greater percentage might not be considered too much for capital in- vestment in mining, such capital could not safely be recouped at a greater interest than perhaps 2^ or 2 per cent.
Let* r be the interest on one pound obtained from capital invested, then R = 1 + r ; also let r^ be the interest obtained on sums annually invested to recoup capital, and 7*^ + 1 = R, ; the other symbols have the same significance as before.
What to read after Mine Accounts And Mining book Keeping a Manual for the Use of Students Manager?
You can find similar books in the "Read Also" column, or choose other free books by James Gunson Lawn to read onlineMoreLess
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