Capitolo 78
| | 15 4.40 4.65 6.30 9.30
| 2.50 < 20 5.10 5.40 7.35 10.85
| | 25 5.80 6.15 8.35 12.35
| - 30 6.50 6.90 9.40 13.90
|
| - 10 5.90 6.20 8.45 12.45
6% | | 15 6.65 7.80 9.45 14.00
Composed < 5.00 < 20 7.35 7.75 10.50 15.50
Affairs | | 25 8.05 8.50 11.55 17.05
| - 30 8.75 9.25 12.60 18.60
|
| - 10 8.15 8.55 11.60 17.10
| | 15 8.90 9.35 12.65 18.65
| 7.50 < 20 9.60 10.10 13.70 20.20
| | 25 10.30 10.85 14.70 21.75
- - 30 11.00 11.60 15.75 23.30
These tables reveal a number of primary and very interesting facts:
1. The in demand rate of interest of the investment is one of the
the most greater part of important factors. This is because such long terms are involved.
The positions combine with prodigious rapidity toward the last one.
In some other business that it pays 6 for cent, you combine, the maximum one
investment for acrid datum in the preceding table, that of an earth
value of $7.50 and a 30-cent annual position for 80 years,
earningses $1,317. A forest of 75-year then harvestable should have 56-1/2
M to the acrid one, but this should bring on $25 for M to pay
how good. On the other hand the same deposits profit 4 for cent
it would only amount to of same period $338 that you/they would be equalized
from lumber to $6 for M.
2. For similar reasons, the length of time before cutting has a lot
to do with profit or loss. The to combine of carrying charges
eventually the outstrips the production of material to a degree that
you/he/she can only be remunerations from the most rapid increase of values of stumpage.
3. The greatest the investment, the more marked the effect on and
accordingly the tendency to introduce on the market an inferior product. One 60-year
rotation is suitable from a majority of the conditions shown.
4. A comparatively disdains increase in annual tax or positions of fire