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Show INTEREST LAWS AND STATUTES OF LIMITATIONS. STATES AND TERRITORIES. Alabama. Alaska . .. Arizona . Ifornia . .. forado ... tmeeticut.. Dflaware - DJof Columbia Florida Georgia Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi ••• Missouri Montana Nebraska Nevada N. Hampshire New Jersey... New Mexico .. New York - North Carolina North Dakota Ohio Oklahoma - Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee . . .. Texas Utah Vermont Virginia Washington .. West Virginia Wisconsin M Special or Contract No Yes No Yes No No No No No No Yes No No No No No No No No No No No No Yes No No No Yes No No Yes No No No No Yes No No No No Yes No Yes No No No No No No No I 81 8 perct. No 8|12 perct No 6,12 per ct Yes 6110 perct. No 7 No limit " No limit Wyoming |No No No No No No No No No No No No No No Yes NO Yes No Yes Yes No No No No Yes No Yes! No No No No Yes No No Yes Yes Yes No Yes No No No No No No No STATUTES OF LIMITATIONS. i g ! * 1^ N o limit 6 per ct. 6 per ct 10 per ct 8 per ct. 12 per ct. 7 per ct. 8 per ct. 8 per ct. 10 per ct. 6 per ct. 8 per ct. No limit 6 perct. N o limit 7 per ct. 10 perct. 10 perct. 8 per ct. N o limit 7110 perct. No limit 6 per ct. 6 per ct, 12 per ct. 16 pel- ct 6 per ct 12 per ct. ~ per ct. 10 per ct. 10 per ct. 6 per ct. No limit per ct. 12 per ct. 6 per ct. 6 per ct. No limit 6 per ct. 0 perct. 12 per ct. 6 perct. 10 per ct, 12 per ct (a) || Any r a t e of interest on call loans of $5,000 or upward, on collateral'security. (a) No limit. (b) Negotiable notes, 6 years. * Under seal, 10 years. t Under seal,20 years. r.„„,+ imtrs t In Courts of Record,20yrs.: Justice s ( oui t, lOyi s § Accounts between merchants, 2 years. INTEREST TABLE. / TIME. I Dy. 3 ' 5 " i Mo. 2 ' 3 '' 4 " 5 " 6 " 7 " 8 " 9 " IO II ' i Yr. $i o o o o jj I 1 *i 2 2J 3 3 3* 4 45 5 FIVE PER CENT. $2 O O o o I 4 25 3 4 5 b 7 7T 8 9 IO $3 o o o o 1 3 4 5 b 8 9 IO II 13 14 15 $4 0 0 0 5 2 3 5 7 8 10 12 13 iS 17 18 20 $5 0 0 0 1 2 4 b 8 10 13 iS 17 19 21 23 25 $7 0 0 0 1 3 b 9 12 iS 18 20 23 2b 20 32 35 $9 0 0 1 1 4 8 11 iS 19 23 2b 30 34 38 4i 45 $10 0 0 1 ii 4 8 13 17 21 25 29 33 3« 42 4b 50 #!00 I 4 7 14 42 83 1 25 1 67 2 08 2 50 2 92 3 33 3 75 4 17 4 58 5 00 $1000 14 42 60 1 39 4 17 8 33 12 50 16 6l 20 81 25 °-% 29 17 33 33- 37 50 41 67 45 83 50 00 TIME. 1 Dy. 3 ' 5 10 1 Mo. 2 " 3 4 " 5 , 6 7 8 " 9 " 10 " 11 " 1 Yr. $1 0 0 0 0 i 1 ii 2 25 3 35 4 4f 5 Si b SIX $2 0 0 0 0 I 2 3 4 S b 7 8 9 10 11 12 $3 0 0 0 1 2 3 5 b 8 9 11 12 14 15 17 18 PER $4 0 0 0 1 2 4 b 8 10 12 14 lb 18 20 22 24 $5_ 0 0 0 1 3 S 8 10 13 iS 18 20 23 2.5 28 3° CENT. $7 0 1 1 4 7 11 14 18 21 25 28 32 35 39 42 $9 0 0 1 2 S 9 14 18 23 27 32 -6 4i 4.5 50 54 $ 10 1 1 2 S 10 15 20 25 30 35 40 4S So 55 bo J 1 1 2 2 3 3 4 4 5 5 b 100 2 S 8 17 .5° 00 So 00 SO 00 5o 00 So 00 So 00 $1000 17 So 83 1 67 5 00 10 00 15 00 20 00 25 00 30 00 35 00 40 00 45 °° 50 00 55 00 60 00 SHORT METHOD FOR CALCULATING INTEREST. Multiply the principal by as many hundredths as there are days, and For 4 per cent Divide by 90 5 " 72 60 52 45 36 30 EXAMPLE.- Interest on #50 for 30days at 4 % . 5o x . 3 0 = 15.00, which divided by 90 = i 5% cents - the required result. |