APPENDIX C 



TABLES SHOWING THE CAPITALISED VALUE OF 1 

 AND OF 1 PER ANNUM, AT VARIOUS RATES 

 OF INTEREST 



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. 

 ' ;io 34-119x10 



= 34i, 3s. iod. 



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 



1432-684 



' Is< & 2 o 



= 71, i2s. ;d. 



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

 sum of ;i20 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. 



* xj l " & 419-306 



y I X 120 



;6 I2 jj & 419.306 



120X20 



shlllmgs - 



= 55. 8d. net rental 



per annum. 

 477 



