Interest on capital.
Posted by Linden on August 28, 1998 at 21:48:18:
What was the percentage interest that would arise from capital?
When Mr Collins proposes to Lizzy he says that she has only 1000 pounds in the 4 per cents - ie 40 pounds per year.
I thought from something I've read (but which has totally slipped my memory so I can't look it up) that 5 percent was the normal annual rate.
While we're on the subject, would inflation be taken into account?
- Interest The Mysterious H.C. 22:54:45 8/28/98 (1)
- Thanks - makes sense! (nfm) Linden 20:24:39 8/29/98 (0)
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