Coffin's Interest Tables at One-Half One, Two, Three, Three-and-One-Half, Four, Four-and-One-Half, Five, Six, Seven, Eight and Ten Per-Cent, Per ... Also Containing a Perennial Time-Table, Tab - Softcover

John E. Coffin

 
9780243160501: Coffin's Interest Tables at One-Half One, Two, Three, Three-and-One-Half, Four, Four-and-One-Half, Five, Six, Seven, Eight and Ten Per-Cent, Per ... Also Containing a Perennial Time-Table, Tab

Synopsis

This book is a practical guide to calculating interest, a crucial skill for navigating the world of finance in the 19th century. The author, recognizing the lack of readily available tables for lower interest rates, provides an exhaustive resource for determining both simple and compound interest. The book goes beyond mere calculation, offering guidance on determining the maturity date of notes and calculating the number of days between dates. By including a comprehensive time-table and a table for interest on one dollar for one hundred days, the author makes the process of interest calculation accessible to anyone, regardless of prior accounting experience. The book's insights into the complexities of interest calculations are relevant not only to businessmen and financiers but also to anyone seeking to understand the principles that underpin the economic system of the era. The book's focus on practical calculations makes it a valuable historical resource for understanding the financial landscape of the 19th century.

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