Show ivancs IVa lopnow antron airn OR IT nu lutto A jer your issue issue ot of Thur edny winy ina contains an 1 interesting l tc 1 from D jdant a u 1 alexander getting ketting forth the advantage of the building and and in ahia 1 lie c kindly offers to give further anfor li littion on the subject to those wiring it your correspondent lias lim shown how a member of the association can get a comfortable home by subscribing for ten shares of stock for which he ho pays ten dollars per month and interest 0 on 11 a loan of 1000 rate of ten per cent per all annum num making a total payment t of per month until the shares res mize their full value of 10 each which result is i estimated at six years this chis calculation makes tile advance of 1090 1000 cost 1320 for six years but it appears to me nie that the borrower is paying the same interest tere t for tha sixth year ns as lie ile does for the aie first erst year boj doj doi understand ling this corree correctly fl y the term ten tell per cc cent tit per anguin would ordin ordinarily a ri ay indicate that as tho the principal decreased the interest would decrease proportionately if this is not done a E borrower borrower would pay about 50 pe per cent interest on oil the principal due the hist year I 1 should like to have mr alc alexander e explain through the columns of your paper very respectfully AN ENQUIRE iNQui nun SALT laki CITY may 11 1883 |