APPENDIX C 



TABLES SHOWING THE CAPITALISED VALUE OF 1 

 AND OF 1 PER ANNUM, AT VARIOUS RATES 

 OF INTEREST 



I 

 EXPLANATION OP TABLES 



These tables may be used for a variety of purposes. And to all who 

 may seek to express an opinion upon the financial aspect of afforestation, 

 their use is almost indispensable. 



For example, 10 is spent per acre in planting and fencing. What 

 will be the debt per acre in 90 years time on the 4 per cent, tables ? 



By reference to the tables 



i amounts at 4 per cent, to 34-119 in 90 years. 



*. 10 34-119x10 



= ^341, 35. icd. 



Or again, is. a year has been paid per acre for rates on a wood for 

 the last 95 years. What sum of money does this represent at the present 

 time on the 4^ per cent, tables ? 



By reference to the tables 



i per annum will have amounted to ,1432-684 



I43 2 ' 68 4 



is. ,, ,, jj AJ 20 



= 71, I2s. 7d. 



Or again, at the end of a rotation of 80 years there is a net credit 

 sum of ^120 per acre, which may be looked upon as deferred profits, after 

 paying for all outgoings, etc. What yearly net rental is this equivalent 

 to on the 3^ per cent, tables ? 



By reference to the tables, it is seen that 



^419-306 is the accumulated value of i per annum. 



. * ;&! 5) 55 AJ 







419-306 



I X 120 

 4I9-306 

 1 20 X 20 



shlllm g s - 



= S s - 8d - net rental 



per annum. 

 477 



