Parry's Valuation and Investment Tables, 13th Edition

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 40% 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 40%

Note:

* Note:—In computing the Quarterly in Advance figures ...