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<head>Notes<!-- in pencil --> Art. 1 4</head> | |||
<p><note><!-- in pencil -->Notes Annuity Notes Plan <unclear>5.</unclear> Constitution</note> | |||
[10] <del>Art. 1 <unclear>pages</unclear> <gap/>.</del> Interest . . . . <hi rend='underline'>paid yearly</hi> <add>or <gap/> of Yearly</add>] <del><hi rend='underline'>Question</hi></del><lb/> | |||
<del>Why <hi rend='underline'>yearly</hi> only, and not (as in the case of the existing</del><lb/> | |||
<del>Stock Annuities, <hi rend='underline'>half-yearly</hi></del>?</p> | |||
<p><del>Answer. <del>The</del> Advantages resulting from a single <add><gap/> <gap/></add> <gap/> of</del><lb/> | |||
<del>payment appear considerable: no disadvantage, <unclear>comparable</unclear></del><lb/> | |||
<del>of a nature to lessen the value of the <unclear>paper</unclear>, or obstruct</del><lb/> | |||
<del>the circulation of it</del></p> | |||
<p>Advantages <del>f</del> resulting from <hi rend='underline'>yearly</hi> payment, in contradistinction<lb/> | |||
<add>to <hi rend='underline'>half-yearly</hi> —</add> 1. Lessening <add>by one half</add> the time and <add>thence the</add> expense of <del>paying <gap/> <gap/></del> <add><del>payment</del></add><lb/> | |||
<del>by one half</del> Clerks employed on payment.</p> | |||
<p><del>2. Profit by saving <add>to the amount of the half years</add> the interest upon the first half</del><lb/> | |||
<del>years <add>the amount of</add> the dividend</del></p> | |||
<p>2. Profit or saving by <hi rend='underline'>interest forborne</hi>: amounting<lb/> | |||
to a half year's interest upon half the amount of<lb/> | |||
each years dividend: viz: upon every <del>ten</del> million<lb/> | |||
of capital, or <del>£300,000</del> <add>£30,000</add> of Annuity, <del>£15,000 a</del> <add>half a years</add><lb/> | |||
<del>year interest</del> the interest of £15,000 for half a year.</p> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}} | ||
Notes Art. 1 4
Notes Annuity Notes Plan 5. Constitution
[10] Art. 1 pages . Interest . . . . paid yearly or of Yearly] Question
Why yearly only, and not (as in the case of the existing
Stock Annuities, half-yearly?
Answer. The Advantages resulting from a single of
payment appear considerable: no disadvantage, comparable
of a nature to lessen the value of the paper, or obstruct
the circulation of it
Advantages f resulting from yearly payment, in contradistinction
to half-yearly — 1. Lessening by one half the time and thence the expense of paying payment
by one half Clerks employed on payment.
2. Profit by saving to the amount of the half years the interest upon the first half
years the amount of the dividend
2. Profit or saving by interest forborne: amounting
to a half year's interest upon half the amount of
each years dividend: viz: upon every ten million
of capital, or £300,000 £30,000 of Annuity, £15,000 a half a years
year interest the interest of £15,000 for half a year.
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Identifier: | JB/002/392/001"JB/" can not be assigned to a declared number type with value 2. |
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002 |
annuity notes |
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392 |
notes art. 1 |
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001 |
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text sheet |
1 |
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a4 / f4 |
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jeremy bentham |
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1131 |
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