Publisher's Synopsis
The Doctrine of Compound Interest: Illustrated and Applied to Perpetual Annuities to Those for Terms of Years Certain, to Life Annuities, and Generally to Prospective Transactions is a book written by Francis Corbaux in 1825. The book explores the concept of compound interest and its practical applications in various financial transactions, including perpetual annuities, annuities for a fixed term, and life annuities. The author provides detailed examples and calculations to illustrate the power of compound interest and its impact on long-term investments. The book is a valuable resource for anyone interested in understanding the mechanics of compound interest and its role in financial planning.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.