ANNUITIES. 



219 



EXPLANATION. Opposite the number of years in the 

 column under the rate per cent., will be found the amount 

 of $1, with the compound interest included for the time 

 given. Should the amount of any given sum with the 

 compound interest at a given rate per cent, for a given time 

 be required, multiply the amount found in the column un- 

 der the given rate per cent., and opposite the given time, 

 by the sum at interest so given, and the product will be the 

 answer. 



EXAMPLE. What will be the amount of $150 at compound 

 interest at the rate of 5 per cent, for 10 years'? 



SOLUTION. 1.62889 x 150=$244.33.35. Am. 



ANNUITIES. 



TABLE, showing the present worth of $1 annuity at 5 and 6 

 per cent, compound interest for any number of years 

 from 1 to 34-. 



For explanation and example see Compound Interest above. 



