INTEREST TABLES, At 6, 7, 8, 9, and 10 per cent. NOTE. Banks and mercantile houses in this country compute interest on the principle that there are only 360 days in 2 year. These tables are made up on that basis. Explanation of Tables. The interest on any sum of money for any length of time may be obtained by doubling or adding to any certain sum, or length of time, in the tables, viz. : — Wanted the interest on $109 for 21 days at 7 %. Interest on $100 for 21 days 41c. Wanted interest on $225 for 25 days at 6 %. Interest at almost any rate can be obtained from the following tables. For instance : 10 and 5% will give 15 |