American Cities; Their Methods of Business
American Cities; Their Methods of Business
The book American Cities; Their Methods of Business was written by author Here you can read free online of American Cities; Their Methods of Business book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is American Cities; Their Methods of Business a good or bad book?
Where can I read American Cities; Their Methods of Business for free?
In our eReader you can find the full English version of the book. Read American Cities; Their Methods of Business Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book American Cities; Their Methods of Business
In our eReader you can find the full English version of the book. Read American Cities; Their Methods of Business Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book American Cities; Their Methods of Business
What reading level is American Cities; Their Methods of Business book?
To quickly assess the difficulty of the text, read a short excerpt:
Compound interest on taxes paid.
4. Contingencies (e.g., lawyer's fees).
The following is quoted from an article by Mr.
Thomas Adams: "Qaims regarding large profits on land purchases are often misleading, because the factor of compound interest is ignored. Frequently one hears of people accepting the same price as they paid for a lot after holding it five or more years and feeling satisfied with the result. They are 'glad to have escaped without loss, except in regard to the Digitized by Google... I02 AMERICAN CITIES AND THEIR BUSINESS amount they have paid for taxes/ As a matter of fact they have lost much more than the taxes. Let us assume that they spent $i,ooo for a lot in 1910 and sold it in 1915 for the same amount, meanwhile paying $100 in taxes and other ex- penses. The loss of interest for five years at 7 per cent, is the difference between $1,000 and $1,402, viz., $402. The total loss in taxes and interest is thus $502, or over 50 per cent, of the capital invested. Where land is purchased in lots, and city taxes have to be paid upon it, the purchaser will usually have to double its value every five or six years that he holds it without use, in order to ascertain its cost to him.
What to read after American Cities; Their Methods of Business?
You can find similar books in the "Read Also" column, or choose other free books by Gilbert, Arthur Benson. [from Old Catalog] to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Compound interest on taxes paid.
4. Contingencies (e.g., lawyer's fees).
The following is quoted from an article by Mr.
Thomas Adams: "Qaims regarding large profits on land purchases are often misleading, because the factor of compound interest is ignored. Frequently one hears of people accepting the same price as they paid for a lot after holding it five or more years and feeling satisfied with the result. They are 'glad to have escaped without loss, except in regard to the Digitized by Google... I02 AMERICAN CITIES AND THEIR BUSINESS amount they have paid for taxes/ As a matter of fact they have lost much more than the taxes. Let us assume that they spent $i,ooo for a lot in 1910 and sold it in 1915 for the same amount, meanwhile paying $100 in taxes and other ex- penses. The loss of interest for five years at 7 per cent, is the difference between $1,000 and $1,402, viz., $402. The total loss in taxes and interest is thus $502, or over 50 per cent, of the capital invested. Where land is purchased in lots, and city taxes have to be paid upon it, the purchaser will usually have to double its value every five or six years that he holds it without use, in order to ascertain its cost to him.
What to read after American Cities; Their Methods of Business?
You can find similar books in the "Read Also" column, or choose other free books by Gilbert, Arthur Benson. [from Old Catalog] to read onlineMoreLess
Write Review:
Guest
Read Also
9 / 10
User Reviews: