Tables for renewing and purchasing of the leases of cathedral-churches and colleges : according to several rates of interest; with their construction and use explain'd. Also tables for renewing and purchasing of lives. With tables for purchasing the leases of land or houses.

  • Mabbut, George
Date:
1735
Catalogue details

Licence: Public Domain Mark

Credit: Tables for renewing and purchasing of the leases of cathedral-churches and colleges : according to several rates of interest; with their construction and use explain'd. Also tables for renewing and purchasing of lives. With tables for purchasing the leases of land or houses. Source: Wellcome Collection.

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    CHAP. III. TH E third Table for Renewing of Leafes, is for the Term of 40 Years, it is calculated according to five feveral Rates of Intereft, and, in it’s manner of ufing, differs not from the other, ne- verthelefs an Example will be convenient, which therefore I fhall give 5 as fuppofe there be 14 Years lapfed or run out in a Leafe for 40 Years, what muff: I give to make up this Leafe again, accor¬ ding to thofe feveral rates of Intereft fignified by the Table? That is, what muff: I give for 14 Years in Reverfion, after 26 in ejfe? Or, what’s the pre¬ fen t worth of 14 Years, beginning 26 Years hence? For anfwer, I find by the Table that the Fine for Renewing 14 Years lapfed. T. M. d.pts, /. /. d. at The Years in ejje, as was faid before, are valued as a Leafe of fo many Years, as in a Leafe for 40 Years, if 14 Years are run out, then there are 26 in e][e, whofe Value are as a Leafe of 26 Years, and may be found by the Table for Purchafing, &c. The Value of fome of the Years in Reverfion, may be found in this Leafe, by the fame Rules that they were found by in the foregoing Leafes ; as if it were required to find the Value of 6 of the 14 Years in Reverfion in this Leafe of 40 Years; then becaufe 6 wants 8 of 14, I take the Value of 8 Years in Reverfion, from the Value of 14 in Re¬ verfion, and the Remainer is the Value of the 6 Years required, which will make the Leafe up to 32 Years. A Table ■5 p. c. is 2 : 3 : o : 6 p. c. is 2 : o : o : 8 p, C- is 1 : o : i : 10 p. c. is o : 2 : i : 12 p. c. is o : 1 : i : ^ J Which by the 2( Table of Red. 7 *s* i ^ j | 0j at 10 /. yearly ^NRent is : 16 : 03 : 01 : 03 : 08 8 4 8 4 4