Parry's Valuation and Investment Tables, 13th Edition

Years’ Purchase (Dual Rate % Principle) or Present Value of One Pound Per Annum

receivable at the end of each year after allowing for a sinking fund at a given rate to replace the invested capital and ignoring the effect of income tax on that part of the income used to provide the annual sinking fund instalment.

AT RATES OF INTEREST FROM

4% to 20%

AND

ALLOWING FOR THE INVESTMENT

OF SINKING FUNDS AT

2·5%, 3% and 4%