The annexed table shows the instalments by which a loan of one lakh of rupees will be refunded by periodical instalments in a given number of years, interest being calculated at 4, 4½, 5, 5½, 6 and 6¼ per cent.
In the left-hand column, under each term, interest is added, and recovery of the instalments due made at the end of each year; in the right-hand column interest and instalment are supposed to be due half-yearly:—
| Per cent. | Five Years. | Ten years. | Fifteen years. | Twenty years. | Twenty-five years. | Thirty years. | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year. | ½ Year. | Year. | ½ Year. | |||||||||
| 4 | 22,463·0 | 11,132·4 | 12,329·2 | 6,115·65 | 8,994·14 | 4,464·96 | 7,358·18 | 3,655·55 | 6,401·21 | 3,182·32 | 5,783·01 | 2,876·78 |
| 4½ | 22,779·3 | 11,278·9 | 12,637·9 | 6,264·19 | 9,311·41 | 4,619·94 | 7,687·64 | 3,817·69 | 6,743·92 | 3,351·84 | 6,139·15 | 3,053·53 |
| 5 | 23,097·6 | 11,425·7 | 12,950·3 | 6,414·69 | 9,634·21 | 4,777·76 | 8,024·25 | 3,985·62 | 7,095·23 | 3,525·80 | 6,505·15 | 3,235·353 |
| 5½ | 23,417·6 | 11,574·5 | 13,266·7 | 6,567·2 | 9,962·6 | 4,938·6 | 8,367·9 | 4,153·2 | 7,454·9 | 3,704·2 | 6,880·5 | 3,422·0 |
| 6 | 23,740·0 | 11,723·0 | 13,586·8 | 6,712·6 | 10,296 3 | 5,101·9 | 8,718·4 | 4,326·2 | 7,822·6 | 3,886·5 | 7,264·9 | 3,613·3 |
| 6¼ | 23,901·3 | 11,798·1 | 13,748·2 | 6,799·5 | 10,465·0 | 5,184·7 | 8,986·2 | 4,414·0 | 8,009·5 | 3,979·3 | 7,460·3 | 3,710·6 |