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<p><del>extinguishes <!-- pound symbol -->1.9:6<hi rend='superscript'>d</hi> a year interest: whereas<lb/> if paid in the sum of interest it extinguishes<lb/> so much interest, but nothing more</del></p> | <p><del>extinguishes <!-- pound symbol -->1.9:6<hi rend='superscript'>d</hi> a year interest: whereas<lb/> if paid in the sum of interest it extinguishes<lb/> so much interest, but nothing more</del></p> | ||
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The <add><sic>undemanded</sic></add> interest (it might be thought) might <lb/>in this way come 1. accumulate to such a mass,<lb/> as might be productive of inconvenience, if, by <lb/>a sudden turn of affairs, it were to become <del>the<lb/> interest</del> a matter of advantage to the whole<lb/> body of <unclear>accountants</unclear> to claim <unclear>payment</unclear> of it<lb/> at once. But, <del>no such inconvenience could <lb/><gap/> to an amount worth regarding.</del> <add>on a second glance, the inconvenience<lb/> would <del>vanish</del> be seen to vanish altogether.</add> Supposing<lb/> <add>as before</add> the amount of the paper 20 millions; <add>note of</add> interest<lb/> <del>being at</del> <!-- pound symbol -->1.9<hi rend='superscript'>s</hi>:6<hi rend='superscript'>d</hi>: the whole amount of a <lb/> years interest would <add>thus</add> be <gap/> of <!-- pound symbol -->300,000.<lb/> <del>As it would be </del><add>Being</add> <hi rend='underline'>simple</hi> interest, not <hi rend='underline'>compound,</hi><lb/> the whole amount of it in 20 years would be<lb/> short of 6 million, supposing the whole of it<lb/> to remain <sic>undemanded</sic> and the principal | |||
extinguishes 1.9:6d a year interest: whereas
if paid in the sum of interest it extinguishes
so much interest, but nothing more
The undemanded interest (it might be thought) might
in this way come 1. accumulate to such a mass,
as might be productive of inconvenience, if, by
a sudden turn of affairs, it were to become the
interest a matter of advantage to the whole
body of accountants to claim payment of it
at once. But, no such inconvenience could
to an amount worth regarding. on a second glance, the inconvenience
would vanish be seen to vanish altogether. Supposing
as before the amount of the paper 20 millions; note of interest
being at 1.9s:6d: the whole amount of a
years interest would thus be of 300,000.
As it would be Being simple interest, not compound,
the whole amount of it in 20 years would be
short of 6 million, supposing the whole of it
to remain undemanded and the principal
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Identifier: | JB/002/220/001"JB/" can not be assigned to a declared number type with value 2. |
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13 |
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002 |
Annuity Notes |
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220 |
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001 |
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Text sheet |
1 |
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Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property. |
E11 / F122 |
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Jeremy Bentham |
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959 |
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