June 2013
Intermediate to advanced
560 pages
11h
English
Content preview from Parry's Valuation and Investment Tables, 13th Edition
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Quarterly in Advance: Years’ Purchase (Dual Rate % Principle) or Present Value of One Pound Per Annum
receivable quarterly in advance, allowing for a sinking fund at a given rate to replace the invested capital and for the effect of income tax at 35% on that part of the income used to provide the annual sinking fund instalment.
AT RATES OF INTEREST*FROM4% to 20%ANDALLOWING.FOR THE POSSIBLE INVESTMENTOF SINKING FUNDS AT3% and 4%INCOME TAX at 35%
Note:
* Note:—In computing the Quarterly in Advance figures ...
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