Harriot, Thomas, Mss. 6782

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13568
[Commentary:
Below the rough work crossed out at the top are calculations of interest on £bb at an annual rate of 1b.
The first table shows the interest paid every year for seven years. The words continue proportionales (continued proportionals) indicate that each row is obtained by multiplication from the previous row. The multiplier from each row to the next is (1+1b).
The second table shows a similar calculation but now interest is added twice yearly and the multiplier is (1+12b). The table shows only the first four entries and then the total after 7 years.
The third table repeats the calculation but now interest is added three times yearly and the multiplier is (1+13b). The table shows only the first three entries and then the total after 7 years.
]
continue
[Translation: continued ]

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