293.3—Simple interest table.
Following is a simple interest table from which computation of interest at 3 per centum per annum on a principal of $1,000 for a fractional 365-day year may be derived by addition only. The interest is stated in the form of a decimal fraction of $1.
| Days | Interest |
|---|---|
| 1 | 0821 9178 |
| 2 | 1643 8356 |
| 3 | 2465 7534 |
| 4 | 3287 6712 |
| 5 | 4109 5890 |
| 6 | 4931 5068 |
| 7 | 5753 4246 |
| 8 | 6575 3424 |
| 9 | 7397 2602 |
Code of Federal Regulations
| Days | ||
|---|---|---|
| 90 | $7.3972 602 | |
| 3 | .2465 7534 | |
| Interest on $1,000 | 93 | $7.6438 3554 |
| Interest on $500 | $3.82 |