Music Trade Review
Issue: 1920 Vol. 70 N. 18 - Page 9
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
MAY
THE MUSIC TRADE
1, 1920
REVIEW
CONVENIENT INTEREST CHART FOR MUSIC DEALERS' USE
be on a 6 per cent basis for any given number
of months.
Mr. Bowers has generously permitted The
Review to reproduce his table for the informa-
tion and use of piano and talking machine deal-
ers in general and, attached to a sheet of card-
— , , . and
~
. . . 6 in
„, llJV
. o accountant's
, L U U l l l < l l u s o office,
l I I i ; C f the
lIie
board
hung
the
table should serve to save many hours of valu-
Table Showing Detailed Interest Calculations Covering Period of Forty-two Months Prepared
by P. R. Bowers, of the Executive Department of the Aeolian Co.
Although a great majority of piano and talk-
ing machine dealers have adopted more or less
fixed schedules for the figuring of interest on
No. of
Monthly
Payments
8...
6% Interest Table for Instalment Accounts
Amount of Monthly Payments
$5.001 6,001 7001 8.001 9. OOllOOOlll .00112.00113.00114.00115.00116.00|17.00H8 .00119.00120.00121.00122 00| 23 001 24.001 25.001 26.001 27.00 «8.00l 29.00 30.00
.12
.13
.12
.13
.14
.14
.14
.15
.03 .03 .04 .04 .05, .Ofi .06 .06 .07 .07 .08 .08 .09 .09 .10 .10 .11 .11
.11
.12
.13
.14
.15
.16
.17
.18
.19
.80
.21
.22
.23
.24
.25
.26
.27
.28
.29
.SO
.14 .15
.17
.18
.20
.21
.23
.24
.26
.27
.29
.30
.32
.83
.35
.36
.38
.39
.41
.42
.44
.45
.18
.20
.22
.24
.26
.28
.30
.32
.34
.36
.38
.40
.42
.44
.46
.48
.50
.52
.54
.56
.58
.60
.20
.23 .25
.28
.30
.33
.35
.88
.40
.43
.45
.48
.50
.53
.55
.58
.60
.63
.65
.68
.70
.73
•75
.24
.27 .80
.33
.36
.39
.42
45
.48
.51
.54
.57
.60
.63
.66
.69
.72
.75
.78
.81
.84
.87
.90
.82 .35
.46
.49
.60
.63
.67
.70
.74
77
.81
.84
.88
791".
.95
.98
1.02
1.05
76
80
84
88
1 00 1 04 1 08 1.12
1 16
1.20
.81
.86
.90
.95
.99
1.04 1.08
1.13
1.17
1.22
1.26
1.31
1.35
.95 1.00 1.05 1.10
1.15 1.20
1.25
1.30
1.35
1.40
1.45
1.50
1.27
1.32
1.38
1.43
1.49
1.54
1.60
1.65
1.381.44
1 50
1.56
1.62
1.68
1.74
1.80
.05
.06
.07
.08
.09
.11
.12
.10 , .12
.14
.16
.13
.15
.18
.15
.18
.21
.18
.21
.25
.28
.20
9.
.08
.09) .10
.39
.42
.40
44
.48
5i
.50
.54
.59
50
.55
.60
55
.61
.66
.72
.78
.24
28 .32
.36
.27
32
.36
.41 .45
.45
10..
25
.30
.35
.40
11.
.28
.33
.39
.44
.50
12
.30
.36
.42
.48
.54 .60
lyr.Tot..
13.
instalment accounts that has been called to the
attention of The Review is that just compiled
by P. R. Bowers, of the executive department of
.53
.56
.60
(54
.63'
68
.72
.65
.70
.75
.80
.85
.90
.72
.77
83
.88
.94
.99 1.05 1.10 1.16 1.21
84
90
.77
.96 1.02 1.08 1.14 1.20 1.26 K32
1.98 2 34 2 76 3.123.54 3.90 4.32 4.68 5.10 5 461 5.88 6.24 6.66 7.02 7.44 7.80 8.22' 8.581
.85
.91
98 1.04 1 1 1 1.17 1.24 1.30 1.37 1.43
.33
.39
46
.52
.59
65
.72
.78
9.00 9.30 9.78 10.14 10.56 10.92 11.3411.70
1 50 1.56; 1.63 1
1 761 l.82i 1.89 1.95
1.61
1.68
1.75
1.82
2.08
2.10
1.05 1 13 1.20 1.28 1.35 1.43 1.50 1 58 1 65 1 73
1.80
1 88
1 95 2 08
2.10 2.18
2.25
2 08
2 16
2.24 2.32
2.40
2 21
2 30
2.38
2.47
2.55
2.34
2 43
2.52
2.61
2.70
.98 1 05 1.12 1.19 1.26 1.33 1.40
14
.35
.42
.49
.56
.63
.70
.77
.84
1.47
15
.38
.45
.53
.60
.68
.75
.83
.90
16
.40
.48
.56
.64
.72
80
.88
.96 1.04 1.12 1.20 1.28
17
43
.51 .60
.68
.77
.85
.94 1.02 1.11 1.19 1 28 1.36 1.45 1.53 1.62 1 70 1.79 1 87 1 96 2.04
2 13
18
.45
54 .63
.72
.81
.90
.99 1.08 1.17 1.26 1 35 1.44 1.53 1 62 1 71 1.80 1.89 1 98 2 07
2 16
2 25
19..
.48
57 .67
.76
.86
20..
.50
.60
.70
80
I 54
1 44 1.52 1.60 1.68 1.76
1 84i
1.92 2.00
1.89
1.96
1.52 1.62 1.71 1 81 1.90 2.00 2 09
2 19
2 28
2.38
2.47
2.57
2 66
2.76
2.85
.90 1 00 1.10 1.20 1.30 1.40 1 50 1 60 1.70 1 80 1 9o! 2 00 2.10! 2.20
2 30
2 40
2.50
2 60
2 70 2.80
2.90
8.00
.95 1 05 1.16 1.26 1 37 1 47 1.58J 1.68 1.79 1 89 2.00 2.10 2,21 2 31 2 42
95 1.05 1.14 1.24 1.33 1.43
21
.53
.63
.74
.84
i 52
2 63
2.73J 2.84
2.94
3.05
3.15
22
.55
66
.77
88
1.98 2 09 2 20 2 3l| 2.42 2 53
2.64
2.75
2.86
2.97
3 08
3.19
3.80
23
.58
.69
.81
92 1.04 1 15 1.27 1.38 1.50 1.61 1 73 1.84 1.96 2 07 2 19 2.30 2.421 2 53 2 65
2 76
2 88
2.99
3 11
3 22
3 84 3.45
.60
.72
84
96 1.08 1 20 1.32 1.44 1.56 1.68 1 80j 1.92 2.04 2.16 2.28 2 40 2 52 2 64 2 76
2 88
3 00
3 12
8 24
3 36
3.48
.99 1 10 1.21 1.32 1.43 1.54 1 6 5 1.76 1.87
3.60
8yrs.Tot .. 7.56 9.00 10.56 12 00 13.56
00 16.56 18.0019.5621.0022 5624 0025.5627.0028.5660.0031.5633 00 34.56 36 00 37 56 39 00 40 56 42.00 43.56 45.00
2 00 2 13 2 25 2 38 2.50 2.63 2 75 2 88 3 00
.75
3 25 3 38 3.50 3 63 3.75
1 00 1.13 1 25 1.38 1.50 1.63 1.75
25 ...
26
.65
78
.91 1.04, 1.17 1 30 1.43 1.56 1.69 1.82 1 95 2 08 2.21 2.34 2.47, 2 60 2 73 2 86
27..
.68
.81
.95 1 08 1.22 1 35 1.40 1 62 1.76 1.89 2 03 2 16 2 30 2.43 2 57 2.70 2.84 2 97
28.
.70
.84
98 1 12 1.26 1 40 1.54 1.68 1.82 1.96 2 10 2.24 2.38 2.52 2.66 2.80 2 94 3 08
29....
.73
30.
.75
2.99
3 12 3 25
3 11
3.24
3.38
. 3.51
64
3 77 3 90
3 38 3 51 3 65
3 78
3.92
3 22 3 36 3 50 8 64 3 78
3.92
4 06 4 20
.87 1.02 1.16 1.31 1 45 1.60 1.74 1.89 2 03 2 18 2.32 2 47 2.61 2 76 2.90 3.05 3 19
3 34
3 48 3 63
.90 1.05 1 20 1.35 1 50 1 65 1.80 1.95 2 10 2 25 2 40 2 55 2.70 2.85 3.00 3 15 3 30
3 45
3 60
8 75
4 05
3 77
3 92
4.06
4 21
90
4.05
4.20
4 35 4.50
4.35
11.70 13.95 16 35 18 60 21.00123 25 25 65 27 .90 80 30 32.55 34 95 37.20 3!) 60 41 .85 44 .25 46 50 48 30 51 15 53 55 55 80 58 20 CO 45 62.85 65.10 67.50 69.75
78
.93 1.09 1.24 1.40 1 55 1.71 1.86, 2.02 2.17 2 83 2 48i 2 64 2 79 2.95, 3.10 3 26 3 41 3 57 3.72: 3 88 4 OS 4 19 4.34 4.50 4.65
31.
32
.80
.96 1.12 1.28 1.44 1 60 1.76 1.92! 2.08 2.24 2 40 2.56 2.72 2.88 3.04 3.20 3.36 3 52
3 68
3 84
.99 1.16 1 32 1.49 1.65 1.82 1.981 2.15 2.31 2 48 2.64 2.81 2.97 3 14 3.30
3 80
3 96 4 13
47 3.68
4.00 4.16
4 29
4 32
4 48
4.64
4.80
4 46
4.62
4.79
4.95
4.76
4.93
5 10
S3..
.83
34.
.85 1.02 1 19 1 36 1.58 1.70 1.87 2.04 2.21 2.38 2.55 2.72 2.89 3.06 3 23 3.40 8.57 3 74
3 91 4 08
4.42
4.59
35
.88 1.05 1.23 1.40 1.58 1.75 1.93 2.10 2.28 2.45 2 63 2.80 2.98 3.15 3.33 3.50 3 68 3 85
4.03
4 20 4 38
4 55
4 73
4 90 5 08
6.25
4 14
4 32
4.68
4 86
5.04
5.40
90 1 08 1 26 1.44 1.62 1 80 1.98 2.16 2.34 2.52 2 70 2.883.06 3.24 3.42 3.60 3 78 3 96
36.
3yr«-Tot
87.
4 25
4.50
5 22
16.74 19.98 23.40 26.64 SO .06 33.30 36.72 39 .96 43 .38 46 .62 50 04'53.28 56.70 59.94 63 .36 66 ,60i70.02 73.26 76.68 79. »2 83.34 86 58 90.00 93.24 96.66 99.90
.93 1.11 1 SO 1.48 1.67 1.85 2.04 2.22 2.41 £.501 2 78 2.96 3.15 3.33 3.52 3.70 3.89 4.07 4.26 4 44 4.63 4.81 5 00 5 18 5 37 5 55
38
.95 1 14 1.33 1.52 1.71 1.90 2.09 2.28 2.47 2.66 2 85 3 04 3.23 3.42 3.61 3.80 3 99 4 18
4 37
4 56
4 75
4.94
5.13
5 32
5 51
5.70
39
.98 1.17 1 37 1.58 1 76 1.95 2.15 2.34 2.54 2.73 2 93 3.12 3.32 3.51 3.71 3.90 4 10 4.29
4.49
4 68
4.88
5.07
5 27
5 46
5 66
5 85
40..
1 00 1.20 1.40 1.60 1.80 2.00 2.20 2.40 2.60 2.80 3 00 3 20 3.40 3.60 3.80 4 00 4 20 4 40
4.60
4 80
5.00
5 20
5 40
5.60
5.80
6.00
41
1 03 1 23 1.44 1 64 1.85 2 05 2.26 2.46 2.67 2.87 3 08 3.28 3.49 3.69 3.90 4 10 4 31 4 51 4 72 4.92 5 13 5.33 5 54 5.74 5 95 6 . U
42
1.05 1.26 1.47 1.68 1.89 2.10 2.31 2.52 2.73 2.94 8 15 3.36 3.57 8.78 3 99 4.20 4.41 4.62 4.83 5.04 5.25 5.46 5.67 5.88 6.09 6.30
S j y f . T o t . I22.68I27.O9'31.71136.12140 74)45 .15[49.77|54.\8'58.80i63. 21167.83172 24176.86181 27,85 8990 30'94 32i99 331103 95|108 36|112 981117 3D 122 Ql'126 421131 041135 45
FIGURED AND ARRANGED BY P. R. BOWERS. EXECUTIVE OEPT
monthly instalments, such systems are frequent-
ly limited in their scope, and adaptable chiefly
as a basis upon which to figure more complex
problems. There are some dealers, however,
who have at hand interest schedules that are
very complete and serve to meet any ordinary
situation.
\
One of the most complete interest tables for
FOR TONE, BEAUTY
AND LASTING
,
ACCOMPLISHMENT
The Aeolian Co., New York. Mr. Bower's
table shows interest on payments of from $5 to
$30 monthly and extending over a total period
of three and one-half years. The interest is
carefully figured by months, and by reference
to it the dealer can learn just how much the
interest will be if charged with each monthly
payment, or how much the total interest will
able time in the course of the year to the dealer
who uses it.
Mr. Bowers is well qualified to offer infor-
mation on the handling of instalment accounts,
having been connected with the credit and col-
lection department of the Aeolian Co. for nine
years, before being promoted to his present post
in the executive offices.
P I A N O S
AND
The WERNER INDUSTRIES CO. Cincinnati
MAY
THE MUSIC TRADE
1, 1920
REVIEW
CONVENIENT INTEREST CHART FOR MUSIC DEALERS' USE
be on a 6 per cent basis for any given number
of months.
Mr. Bowers has generously permitted The
Review to reproduce his table for the informa-
tion and use of piano and talking machine deal-
ers in general and, attached to a sheet of card-
— , , . and
~
. . . 6 in
„, llJV
. o accountant's
, L U U l l l < l l u s o office,
l I I i ; C f the
lIie
board
hung
the
table should serve to save many hours of valu-
Table Showing Detailed Interest Calculations Covering Period of Forty-two Months Prepared
by P. R. Bowers, of the Executive Department of the Aeolian Co.
Although a great majority of piano and talk-
ing machine dealers have adopted more or less
fixed schedules for the figuring of interest on
No. of
Monthly
Payments
8...
6% Interest Table for Instalment Accounts
Amount of Monthly Payments
$5.001 6,001 7001 8.001 9. OOllOOOlll .00112.00113.00114.00115.00116.00|17.00H8 .00119.00120.00121.00122 00| 23 001 24.001 25.001 26.001 27.00 «8.00l 29.00 30.00
.12
.13
.12
.13
.14
.14
.14
.15
.03 .03 .04 .04 .05, .Ofi .06 .06 .07 .07 .08 .08 .09 .09 .10 .10 .11 .11
.11
.12
.13
.14
.15
.16
.17
.18
.19
.80
.21
.22
.23
.24
.25
.26
.27
.28
.29
.SO
.14 .15
.17
.18
.20
.21
.23
.24
.26
.27
.29
.30
.32
.83
.35
.36
.38
.39
.41
.42
.44
.45
.18
.20
.22
.24
.26
.28
.30
.32
.34
.36
.38
.40
.42
.44
.46
.48
.50
.52
.54
.56
.58
.60
.20
.23 .25
.28
.30
.33
.35
.88
.40
.43
.45
.48
.50
.53
.55
.58
.60
.63
.65
.68
.70
.73
•75
.24
.27 .80
.33
.36
.39
.42
45
.48
.51
.54
.57
.60
.63
.66
.69
.72
.75
.78
.81
.84
.87
.90
.82 .35
.46
.49
.60
.63
.67
.70
.74
77
.81
.84
.88
791".
.95
.98
1.02
1.05
76
80
84
88
1 00 1 04 1 08 1.12
1 16
1.20
.81
.86
.90
.95
.99
1.04 1.08
1.13
1.17
1.22
1.26
1.31
1.35
.95 1.00 1.05 1.10
1.15 1.20
1.25
1.30
1.35
1.40
1.45
1.50
1.27
1.32
1.38
1.43
1.49
1.54
1.60
1.65
1.381.44
1 50
1.56
1.62
1.68
1.74
1.80
.05
.06
.07
.08
.09
.11
.12
.10 , .12
.14
.16
.13
.15
.18
.15
.18
.21
.18
.21
.25
.28
.20
9.
.08
.09) .10
.39
.42
.40
44
.48
5i
.50
.54
.59
50
.55
.60
55
.61
.66
.72
.78
.24
28 .32
.36
.27
32
.36
.41 .45
.45
10..
25
.30
.35
.40
11.
.28
.33
.39
.44
.50
12
.30
.36
.42
.48
.54 .60
lyr.Tot..
13.
instalment accounts that has been called to the
attention of The Review is that just compiled
by P. R. Bowers, of the executive department of
.53
.56
.60
(54
.63'
68
.72
.65
.70
.75
.80
.85
.90
.72
.77
83
.88
.94
.99 1.05 1.10 1.16 1.21
84
90
.77
.96 1.02 1.08 1.14 1.20 1.26 K32
1.98 2 34 2 76 3.123.54 3.90 4.32 4.68 5.10 5 461 5.88 6.24 6.66 7.02 7.44 7.80 8.22' 8.581
.85
.91
98 1.04 1 1 1 1.17 1.24 1.30 1.37 1.43
.33
.39
46
.52
.59
65
.72
.78
9.00 9.30 9.78 10.14 10.56 10.92 11.3411.70
1 50 1.56; 1.63 1
1 761 l.82i 1.89 1.95
1.61
1.68
1.75
1.82
2.08
2.10
1.05 1 13 1.20 1.28 1.35 1.43 1.50 1 58 1 65 1 73
1.80
1 88
1 95 2 08
2.10 2.18
2.25
2 08
2 16
2.24 2.32
2.40
2 21
2 30
2.38
2.47
2.55
2.34
2 43
2.52
2.61
2.70
.98 1 05 1.12 1.19 1.26 1.33 1.40
14
.35
.42
.49
.56
.63
.70
.77
.84
1.47
15
.38
.45
.53
.60
.68
.75
.83
.90
16
.40
.48
.56
.64
.72
80
.88
.96 1.04 1.12 1.20 1.28
17
43
.51 .60
.68
.77
.85
.94 1.02 1.11 1.19 1 28 1.36 1.45 1.53 1.62 1 70 1.79 1 87 1 96 2.04
2 13
18
.45
54 .63
.72
.81
.90
.99 1.08 1.17 1.26 1 35 1.44 1.53 1 62 1 71 1.80 1.89 1 98 2 07
2 16
2 25
19..
.48
57 .67
.76
.86
20..
.50
.60
.70
80
I 54
1 44 1.52 1.60 1.68 1.76
1 84i
1.92 2.00
1.89
1.96
1.52 1.62 1.71 1 81 1.90 2.00 2 09
2 19
2 28
2.38
2.47
2.57
2 66
2.76
2.85
.90 1 00 1.10 1.20 1.30 1.40 1 50 1 60 1.70 1 80 1 9o! 2 00 2.10! 2.20
2 30
2 40
2.50
2 60
2 70 2.80
2.90
8.00
.95 1 05 1.16 1.26 1 37 1 47 1.58J 1.68 1.79 1 89 2.00 2.10 2,21 2 31 2 42
95 1.05 1.14 1.24 1.33 1.43
21
.53
.63
.74
.84
i 52
2 63
2.73J 2.84
2.94
3.05
3.15
22
.55
66
.77
88
1.98 2 09 2 20 2 3l| 2.42 2 53
2.64
2.75
2.86
2.97
3 08
3.19
3.80
23
.58
.69
.81
92 1.04 1 15 1.27 1.38 1.50 1.61 1 73 1.84 1.96 2 07 2 19 2.30 2.421 2 53 2 65
2 76
2 88
2.99
3 11
3 22
3 84 3.45
.60
.72
84
96 1.08 1 20 1.32 1.44 1.56 1.68 1 80j 1.92 2.04 2.16 2.28 2 40 2 52 2 64 2 76
2 88
3 00
3 12
8 24
3 36
3.48
.99 1 10 1.21 1.32 1.43 1.54 1 6 5 1.76 1.87
3.60
8yrs.Tot .. 7.56 9.00 10.56 12 00 13.56
00 16.56 18.0019.5621.0022 5624 0025.5627.0028.5660.0031.5633 00 34.56 36 00 37 56 39 00 40 56 42.00 43.56 45.00
2 00 2 13 2 25 2 38 2.50 2.63 2 75 2 88 3 00
.75
3 25 3 38 3.50 3 63 3.75
1 00 1.13 1 25 1.38 1.50 1.63 1.75
25 ...
26
.65
78
.91 1.04, 1.17 1 30 1.43 1.56 1.69 1.82 1 95 2 08 2.21 2.34 2.47, 2 60 2 73 2 86
27..
.68
.81
.95 1 08 1.22 1 35 1.40 1 62 1.76 1.89 2 03 2 16 2 30 2.43 2 57 2.70 2.84 2 97
28.
.70
.84
98 1 12 1.26 1 40 1.54 1.68 1.82 1.96 2 10 2.24 2.38 2.52 2.66 2.80 2 94 3 08
29....
.73
30.
.75
2.99
3 12 3 25
3 11
3.24
3.38
. 3.51
64
3 77 3 90
3 38 3 51 3 65
3 78
3.92
3 22 3 36 3 50 8 64 3 78
3.92
4 06 4 20
.87 1.02 1.16 1.31 1 45 1.60 1.74 1.89 2 03 2 18 2.32 2 47 2.61 2 76 2.90 3.05 3 19
3 34
3 48 3 63
.90 1.05 1 20 1.35 1 50 1 65 1.80 1.95 2 10 2 25 2 40 2 55 2.70 2.85 3.00 3 15 3 30
3 45
3 60
8 75
4 05
3 77
3 92
4.06
4 21
90
4.05
4.20
4 35 4.50
4.35
11.70 13.95 16 35 18 60 21.00123 25 25 65 27 .90 80 30 32.55 34 95 37.20 3!) 60 41 .85 44 .25 46 50 48 30 51 15 53 55 55 80 58 20 CO 45 62.85 65.10 67.50 69.75
78
.93 1.09 1.24 1.40 1 55 1.71 1.86, 2.02 2.17 2 83 2 48i 2 64 2 79 2.95, 3.10 3 26 3 41 3 57 3.72: 3 88 4 OS 4 19 4.34 4.50 4.65
31.
32
.80
.96 1.12 1.28 1.44 1 60 1.76 1.92! 2.08 2.24 2 40 2.56 2.72 2.88 3.04 3.20 3.36 3 52
3 68
3 84
.99 1.16 1 32 1.49 1.65 1.82 1.981 2.15 2.31 2 48 2.64 2.81 2.97 3 14 3.30
3 80
3 96 4 13
47 3.68
4.00 4.16
4 29
4 32
4 48
4.64
4.80
4 46
4.62
4.79
4.95
4.76
4.93
5 10
S3..
.83
34.
.85 1.02 1 19 1 36 1.58 1.70 1.87 2.04 2.21 2.38 2.55 2.72 2.89 3.06 3 23 3.40 8.57 3 74
3 91 4 08
4.42
4.59
35
.88 1.05 1.23 1.40 1.58 1.75 1.93 2.10 2.28 2.45 2 63 2.80 2.98 3.15 3.33 3.50 3 68 3 85
4.03
4 20 4 38
4 55
4 73
4 90 5 08
6.25
4 14
4 32
4.68
4 86
5.04
5.40
90 1 08 1 26 1.44 1.62 1 80 1.98 2.16 2.34 2.52 2 70 2.883.06 3.24 3.42 3.60 3 78 3 96
36.
3yr«-Tot
87.
4 25
4.50
5 22
16.74 19.98 23.40 26.64 SO .06 33.30 36.72 39 .96 43 .38 46 .62 50 04'53.28 56.70 59.94 63 .36 66 ,60i70.02 73.26 76.68 79. »2 83.34 86 58 90.00 93.24 96.66 99.90
.93 1.11 1 SO 1.48 1.67 1.85 2.04 2.22 2.41 £.501 2 78 2.96 3.15 3.33 3.52 3.70 3.89 4.07 4.26 4 44 4.63 4.81 5 00 5 18 5 37 5 55
38
.95 1 14 1.33 1.52 1.71 1.90 2.09 2.28 2.47 2.66 2 85 3 04 3.23 3.42 3.61 3.80 3 99 4 18
4 37
4 56
4 75
4.94
5.13
5 32
5 51
5.70
39
.98 1.17 1 37 1.58 1 76 1.95 2.15 2.34 2.54 2.73 2 93 3.12 3.32 3.51 3.71 3.90 4 10 4.29
4.49
4 68
4.88
5.07
5 27
5 46
5 66
5 85
40..
1 00 1.20 1.40 1.60 1.80 2.00 2.20 2.40 2.60 2.80 3 00 3 20 3.40 3.60 3.80 4 00 4 20 4 40
4.60
4 80
5.00
5 20
5 40
5.60
5.80
6.00
41
1 03 1 23 1.44 1 64 1.85 2 05 2.26 2.46 2.67 2.87 3 08 3.28 3.49 3.69 3.90 4 10 4 31 4 51 4 72 4.92 5 13 5.33 5 54 5.74 5 95 6 . U
42
1.05 1.26 1.47 1.68 1.89 2.10 2.31 2.52 2.73 2.94 8 15 3.36 3.57 8.78 3 99 4.20 4.41 4.62 4.83 5.04 5.25 5.46 5.67 5.88 6.09 6.30
S j y f . T o t . I22.68I27.O9'31.71136.12140 74)45 .15[49.77|54.\8'58.80i63. 21167.83172 24176.86181 27,85 8990 30'94 32i99 331103 95|108 36|112 981117 3D 122 Ql'126 421131 041135 45
FIGURED AND ARRANGED BY P. R. BOWERS. EXECUTIVE OEPT
monthly instalments, such systems are frequent-
ly limited in their scope, and adaptable chiefly
as a basis upon which to figure more complex
problems. There are some dealers, however,
who have at hand interest schedules that are
very complete and serve to meet any ordinary
situation.
\
One of the most complete interest tables for
FOR TONE, BEAUTY
AND LASTING
,
ACCOMPLISHMENT
The Aeolian Co., New York. Mr. Bower's
table shows interest on payments of from $5 to
$30 monthly and extending over a total period
of three and one-half years. The interest is
carefully figured by months, and by reference
to it the dealer can learn just how much the
interest will be if charged with each monthly
payment, or how much the total interest will
able time in the course of the year to the dealer
who uses it.
Mr. Bowers is well qualified to offer infor-
mation on the handling of instalment accounts,
having been connected with the credit and col-
lection department of the Aeolian Co. for nine
years, before being promoted to his present post
in the executive offices.
P I A N O S
AND
The WERNER INDUSTRIES CO. Cincinnati
Future scanning projects are planned by the International Arcade Museum Library (IAML).