Note 18 — CHAP. XII.
Reading edition
The following table will show the precise action of an investment of 100l. on a nominee aged 90:—
£s.
100l. paid on Jan. 4. 1830, would produce
""on 6th April 1830310
""on 10th Oct. 1830310
""on April 5th 1831310
———
930
If the nominee lived only one day longer, say to April 6th, 1831, there would be due an additional1510
———
£10810
———
Thus the capital and interest at 8 1/2 per cent. were returned in one year, three months, and two days.