Valuation of Property (Corporeal And Incorporeal)
Valuation of Property (Corporeal And Incorporeal)
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To quickly assess the difficulty of the text, read a short excerpt:
It may be mentioned that the annuities, as shown in the Xncpease of foregoing examples, are based upon yearly payments ; if ^"'^Jij^eg^ they are paid half-yearly or quarterly the capital value payable half- will be slightly larger, say, from two to three years' ^®" ^' purchase.
In all cases of valuation the net income is to be taken as the basis of calculation, but this has been already explained.
It may be as well before passing on to draw the attention Arithmetical of the beginner to the arit...hmetical rules for ascertaining ^ ®"* present worth and discount.
Suppose A. owes B. lOOZ., to be paid at the end of a Example, year. If A. pays off the debt at once the amount which he ought to pay should be less than lOOZ., because B.
can put out the sum at interest, and at 5 per cent, his lOOZ. would amount to 105Z., or 51. more than is due to him. Therefore the sum which A. should pay will be 95Z. 48. 9d., or the present worth of the debt.
34 VALUATION OP PROPERTY.
cmd Rever- sions.
Valnation tables.
What to read after Valuation of Property (Corporeal And Incorporeal)?
You can find similar books in the "Read Also" column, or choose other free books by Charles Edward Curtis to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It may be mentioned that the annuities, as shown in the Xncpease of foregoing examples, are based upon yearly payments ; if ^"'^Jij^eg^ they are paid half-yearly or quarterly the capital value payable half- will be slightly larger, say, from two to three years' ^®" ^' purchase.
In all cases of valuation the net income is to be taken as the basis of calculation, but this has been already explained.
It may be as well before passing on to draw the attention Arithmetical of the beginner to the arit...hmetical rules for ascertaining ^ ®"* present worth and discount.
Suppose A. owes B. lOOZ., to be paid at the end of a Example, year. If A. pays off the debt at once the amount which he ought to pay should be less than lOOZ., because B.
can put out the sum at interest, and at 5 per cent, his lOOZ. would amount to 105Z., or 51. more than is due to him. Therefore the sum which A. should pay will be 95Z. 48. 9d., or the present worth of the debt.
34 VALUATION OP PROPERTY.
cmd Rever- sions.
Valnation tables.
What to read after Valuation of Property (Corporeal And Incorporeal)?
You can find similar books in the "Read Also" column, or choose other free books by Charles Edward Curtis to read onlineMoreLess
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