January 2022
Intermediate to advanced
2500 pages
9h
English
The prefent Value of a Sura of Money due at the End of 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 24, or 36 Months.
I have bought Goods amounting to 155 l. to be paid at the end of 3 Months, I defire to know how much Money paid down prefently will fatisfie this fum, difcompting after the Rate of 6 per Cent.
Here I mult feek for the fum in three parts thus,
| l. | l. | s. | q. | |
|---|---|---|---|---|
| 100 | Due at 3 Months end, worth prefently | 98 | 10 | 5.32 |
| 50 | 49 | 5 | 2.66 | |
| 5 | 4 | 18 | 6.27 | |
| 152 | 14 | 2.25 |
So that it appears by the Table that 152 l. 14 s. and 2d. 1q. pard down prefently, will fatisfie for 155 l. due at 3 Months end.