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upr000256-240
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I agree.PLUMLSIGH * GILLSTT - INC. GA - 10 54? $ PATSD AUGUST 9-1950 BLOCK 1 -TRACT 5 - BOULDER DAM HOMESITE ADDITION Work Completed - October 10-1950 -WO-618 Cost to Subdivider - Subject to refund #2992.08 Refunds - 50$ of Revenue To and including dune 1952. I . 414. 24 Balance of cost subject to refund #2577.84 Anticipated Revenue (Based on current rates during remainder of Contract) Present monthly accruals 24 Units f #2.25 #54.00 Balance of term of Contract-months loo #54oo.oo Estimated portion refundable-Maximum #2577.84 Assuming |2577*84 refunded in equal monthly instalments during remaining term of contract (100 months) monthly payment would be: | 25.78 Present worth of #25.78 for 100 months at 6% per annum: #25.78 X 78.543 #2024.84 Discount - 25$ 506.21 Purchase Price #1,518.63 Proof Monthly payment necessary to pay off present worth-#2024.84 in 100 months including 6% interest bn deferred balance-#1.2?32 per #100. # 25.78