| Year. | Per Month. | Per Week. | Per Day. | |||||
|---|---|---|---|---|---|---|---|---|
| £ | £ | s. | d. | £ | s. | d. | s. | d. |
| 1 | 0 | 1 | 8 | 0 | 0 | 4½ | 0 | 0¾ |
| 2 | 0 | 3 | 4 | 0 | 0 | 9¼ | 0 | 1¼ |
| 3 | 0 | 5 | 0 | 0 | 1 | 1¾ | 0 | 2 |
| 4 | 0 | 6 | 8 | 0 | 1 | 6½ | 0 | 2¾ |
| 5 | 0 | 8 | 4 | 0 | 1 | 11 | 0 | 3¼ |
| 6 | 0 | 10 | 0 | 0 | 2 | 1¾ | 0 | 4 |
| 7 | 0 | 11 | 8 | 0 | 2 | 8¼ | 0 | 4½ |
| 8 | 0 | 13 | 4 | 0 | 3 | 1 | 0 | 5¼ |
| 9 | 0 | 15 | 0 | 0 | 3 | 5½ | 0 | 6 |
| 10 | 0 | 16 | 8 | 0 | 3 | 10¼ | 0 | 6½ |
| 11 | 0 | 18 | 4 | 0 | 4 | 3¾ | 0 | 7¼ |
| 12 | 1 | 0 | 0 | 0 | 4 | 7½ | 0 | 8 |
| 13 | 1 | 1 | 8 | 0 | 5 | 0 | 0 | 8½ |
| 14 | 1 | 3 | 4 | 0 | 5 | 4½ | 0 | 9¼ |
| 15 | 1 | 5 | 0 | 0 | 5 | 9¼ | 0 | 9¾ |
| 16 | 1 | 6 | 8 | 0 | 6 | 1¾ | 0 | 10½ |
| 17 | 1 | 8 | 4 | 0 | 6 | 6½ | 0 | 11¼ |
| 18 | 1 | 10 | 0 | 0 | 6 | 11 | 0 | 11¾ |
| 19 | 1 | 11 | 8 | 0 | 7 | 3½ | 1 | 0½ |
| 20 | 1 | 13 | 4 | 0 | 7 | 8¼ | 1 | 1¼ |
| 30 | 2 | 10 | 0 | 0 | 11 | 6½ | 1 | 7¾ |
| 40 | 3 | 6 | 8 | 0 | 15 | 4½ | 2 | 2¼ |
| 50 | 4 | 3 | 4 | 0 | 19 | 2¾ | 2 | 9 |
| 60 | 5 | 0 | 0 | 1 | 3 | 1 | 3 | 3½ |
| 70 | 5 | 16 | 8 | 1 | 6 | 11 | 3 | 10 |
| 80 | 6 | 13 | 4 | 1 | 10 | 9¼ | 4 | 4½ |
| 90 | 7 | 10 | 0 | 1 | 14 | 7½ | 4 | 11½ |
| 100 | 8 | 6 | 8 | 1 | 18 | 5½ | 5 | 5¾ |
If the Wages be Guineas instead of Pounds, for each Guinea add 1d. to each month, or ¼d. to each week.
Handy Universal Interest Table.
(By Alfred Fryer.)
Showing the Interest, to the 100th part of a farthing, on any Sum from £1 to £1,000,000, for any number of days, at any rate per cent.
| £ | s. | d. | f. | 100ths. | £ | s. | d. | f. | 100ths. | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 0 | 0 | 1 | 2 | 3 | 50,000 | 136 | 19 | 8 | 2 | 85 |
| 2 | 0 | 0 | 1 | 1 | 26 | 60,000 | 164 | 7 | 8 | 0 | 22 |
| 3 | 0 | 0 | 1 | 3 | 89 | 70,000 | 191 | 15 | 7 | 1 | 59 |
| 4 | 0 | 0 | 2 | 2 | 52 | 80,000 | 219 | 3 | 6 | 0 | 96 |
| 5 | 0 | 0 | 3 | 1 | 15 | 90,000 | 246 | 11 | 6 | 0 | 32 |
| 6 | 0 | 0 | 3 | 3 | 78 | 100,000 | 273 | 19 | 5 | 1 | 70 |
| 7 | 0 | 0 | 4 | 2 | 41 | 200,000 | 547 | 18 | 10 | 3 | 40 |
| 8 | 0 | 0 | 5 | 1 | 4 | 300,000 | 821 | 18 | 4 | 1 | 9 |
| 9 | 0 | 0 | 5 | 3 | 67 | 400,000 | 1095 | 17 | 9 | 2 | 79 |
| 10 | 0 | 0 | 6 | 2 | 30 | 500,000 | 1369 | 17 | 3 | 0 | 49 |
| 20 | 0 | 1 | 1 | 0 | 60 | 600,000 | 1643 | 16 | 8 | 2 | 19 |
| 30 | 0 | 1 | 7 | 2 | 90 | 700,000 | 1917 | 16 | 1 | 3 | 89 |
| 40 | 0 | 2 | 2 | 1 | 21 | 800,000 | 2191 | 15 | 7 | 1 | 59 |
| 50 | 0 | 2 | 8 | 3 | 51 | 900,000 | 2465 | 15 | 0 | 3 | 29 |
| 60 | 0 | 3 | 3 | 1 | 81 | 1,000,000 | 2739 | 14 | 6 | 0 | 99 |
| 70 | 0 | 3 | 10 | 0 | 11 | The Rule.—Multiply the number of £ upon which the interest is to be calculated by the number of days, and then multiply this product by the rate of interest, strike out the last two figures to the right hand, and find from the table the interest on the remaining figures. | |||||
| 80 | 0 | 4 | 4 | 2 | 41 | ||||||
| 90 | 0 | 4 | 11 | 0 | 11 | ||||||
| 100 | 0 | 5 | 5 | 3 | 1 | ||||||
| 200 | 0 | 10 | 11 | 2 | 3 | ||||||
| 300 | 0 | 16 | 5 | 1 | 4 | ||||||
| 400 | 1 | 1 | 11 | 0 | 5 | Example.—What is the interest of £271 for 90 days at 7 per cent. per ann.? | |||||
| 500 | 1 | 7 | 4 | 3 | 7 | ||||||
| 600 | 1 | 12 | 10 | 2 | 8 | Multiply | £271 | ||||
| 700 | 1 | 18 | 4 | 1 | 10 | by | 90 | number of days | |||
| 800 | 2 | 3 | 10 | 0 | 11 | then multiply | 24390 | ||||
| 900 | 2 | 9 | 3 | 3 | 12 | by | 7 | rate of interest | |||
| 1,000 | 2 | 14 | 9 | 2 | 14 | 171730 | |||||
| 2,000 | 5 | 9 | 7 | 0 | 27 | ||||||
| 3,000 | 8 | 4 | 4 | 2 | 41 | ||||||
| 4,000 | 10 | 19 | 2 | 0 | 55 | ||||||
| 5,000 | 13 | 13 | 11 | 2 | 68 | ||||||
| 6,000 | 16 | 8 | 9 | 0 | 82 | ||||||
| 7,000 | 19 | 3 | 6 | 2 | 96 | strike out last 2 figures, | |||||
| 8,000 | 21 | 18 | 4 | 1 | 10 | viz.: 30, and in the table | £ | s. | d. | f. | 100ths. |
| 9,000 | 24 | 13 | 1 | 3 | 23 | against 1000 you find | 2 | 14 | 9 | 2 | 14 |
| 10,000 | 27 | 7 | 11 | 1 | 37 | aga”nst 700 you”find | 1 | 18 | 4 | 1 | 10 |
| 20,000 | 54 | 15 | 10 | 2 | 74 | aga”nst 7 you”find | 0 | 0 | 4 | 2 | 41 |
| 30,000 | 82 | 3 | 10 | 0 | 11 | £4 | 13 | 6 | 1 | 65 | |
| 40,000 | 109 | 11 | 9 | 1 | 48 | ||||||
If the product of the number of £ on which the interest be calculated × number of days × rate of interest is, after elision of the last two figures, a multiple of a million, multiply the figures in table against 1,000,000 by the number of that multiple.