This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Excerpt from The Repayment of Local and Other Loans: Sinking Funds Throughout the book the final results are expressed in decimal form. This course has been adopted partly in order to save time, but primarily to make the book applicable to any currency of a decimal nature; and it is recommended that all pro forma accounts should be prepared in this form. The methods of adjustment described as the deductive method, the annual increment (ratio) method, and the annual increment (balance of loan) method, are not new. The terms have merely been used for convenience of reference. The actual compilation of the book has occupied considerable time, and it has not been written in the consecutive order in which it is now presented to the reader. It has involved the preparation of many standard forms and statements, and very many calculations which are not given in the text. Every effort has been made to ensure absolute accuracy of detail, but in a few cases the final decimal figure in the result obtained may not agree with the result found by another method, and the same applies to the final figure of some of the logs. These small differences are not, however, of any practical importance. The cross-references to other results have been carefully compared, but they are very numerous and a few errors may be found. The methods adopted, and the results obtained, have been in all cases verified by, an alternative method of proof, even where it is not shown in detail in the text. The summaries of methods, and the rules and formulae given in italics at the head of the various chapters have been in all cases carefully compared with the individual statements and with each other, and a uniform wording has, as far as possible, been adopted throughout. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.