LAST WEEK'S SOLUTIONS.
State Loans.—The correspondent states the annual interest return at £5 7s lsd per cent, per annum on an investment of £98. The nominal value is £100, which means that at the end of five years the investor will receive an additional £2. The difference between £5 14s 4d and £5 7s l|d represents the annual value, for the period of ,'the loan, of the additional £2 payable on redemption. It is the practice to quote interest return in this way- (including redemption) so that a prospective investor may compare with other investments. "I Found 1t."—1.f.d.n.0. 1.f.d.n.0. I.f.u.t.iM.f.u.t.i.u.n.d> It is not possible in less than 23 moves. The Cost of Two Tickets. —They started with ss, 'lost Is,, and" spent 4s on two tickets, which ■ therefore cost 6d each more than intended. If Is had been'found instead of lost, another ticket at 2s could have been bought. A Speed Problem.--—June waj exactly 25 miles from .Naria at 5 minutes to noou, and. at 10 minutes past 11 the ears wore 30 miles apart. ' The Mystery of Eigures.—£66 Gs Gd (15,918 pence), the digits in each case adding up to 2-1. There is no other example.under £10,000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19300301.2.186.6
Bibliographic details
Evening Post, Volume CIX, Issue 51, 1 March 1930, Page 29
Word Count
198LAST WEEK'S SOLUTIONS. Evening Post, Volume CIX, Issue 51, 1 March 1930, Page 29
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.