Tables for renewing and purchasing of the leases of cathedral-churches and colleges, according to several rates of interest ... Also tables for renewing and purchasing of lives. With tables for purchasing the leases of land or houses / [Anon].

  • Mabbut, George, Steward of King's College, Cambridge, -1689.
Date:
1686
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 ... Also tables for renewing and purchasing of lives. With tables for purchasing the leases of land or houses / [Anon]. Source: Wellcome Collection.

    26/80
    Tables it is 11,35. 8d, that is 1 year and | labove 2 Months value, but at 51, 61, 81, and rol, per cent, the Fineas greater, be- caufe the rate of Intereft is lef, as was faid) before. And that this is true it will appear if you confider that the Tables for Renewing of Leafes confift of the Summs of the Tables of Reverfion, or Decreafe of Money; now #t is evident that the greater the rate of Interest is, the greater is the decreafe of Moncy in Reverfion, and fo confequently the leffer are the Summs of thofe Rever- frons, which are the Fines for Renewing, Therefore, &c, An Example will better ex- plain it, Thus in the Table of Reverfions,}| ' find that 11. or 208, im 40° years, de-|) creafeth to 2d, at 12 tb. per cent. Com-) pound Interest 5 and at 10 1, per cent, 20s, } in 40 years, decreafeth to5 d, 14. now the} Sum of thefe Reverfions for 7 years counting |i 40 41, 39 4 2,&c, at ¥2 1, per cent, zs) bat 2s, 1d, 24, but at 101, percent, the} ii Samm for 7 years. is 48,14, 3.9. which are} the Fines for Renewing 7 years lapfed in ay iui mol of 40 years, at the rates of 121, ‘and yin tO], percent, from whence zt is evident)