"Compound interest" Quotes from Famous Books
 ... instance, still more illustrative of the knotted, trebly intertwisted villainy, accumulating at a sort of compound interest in a man-of-war. The cockswain of the Commodore's barge takes his crew apart, one by one, and cautiously sounds them as to their fidelity—not to the United States of America, but to himself. Three individuals, whom he deems doubtful—that ...
— White Jacket - or, the World on a Man-of-War • Herman Melville
... sat down to work out his sum with a piece of chalk on a smooth stone. He tried it by practice and the unitary method, by multiplication, and by rule-of-three-and-three-quarters. He tried it by decimals and by compound interest. He tried it by square root and by cube root. He tried it by addition, simple and otherwise, and he tried it by mixed examples in vulgar fractions. But it was all of no use. Then he tried to do the sum by algebra, by simple and by quadratic equations, by trigonometry, ...
— The Book of Dragons • Edith Nesbit
... according to Carlyle, henceforth "preferring steady darkness to uncertain new light"; Spain, "people stumbling in steep places in the darkness of midnight"; Italy, "shrugging its shoulders and preferring going into Dilettantism and the Fine Arts"; and France, "with accounts run up on compound interest," had to answer the "writ of summons" with an all too ...
— The Nuttall Encyclopaedia - Being a Concise and Comprehensive Dictionary of General Knowledge • Edited by Rev. James Wood
... legislator less difficult—half as many laws will be enough, and much less than half; and they will be of a kind better suited to free men. For he has nothing to do with laws about shipowners and merchants and retailers and inn-keepers and tax collectors and mines and moneylending and compound interest and innumerable other things—bidding good-bye to these, he gives laws to husbandmen and shepherds and bee-keepers, and to the guardians and superintendents of their implements; and he has already legislated for greater matters, as for example, respecting marriage and ...
— Laws • Plato
... was in blissful ignorance of the reason therefor, the chronicler of this tale can serve no good purpose by concealing the true facts in the case. Immediately upon regaining consciousness, Herr August Carl von Staden had insisted upon returning Michael J. Murphy's kicks with compound interest. ...
— Cappy Ricks Retires • Peter B. Kyne
... children." A wicked government can make agony, epidemic, brutalize a race, and reaching forward, fetter generations yet unborn. "Blood tells," says science. But blood is the radical element put out at compound interest and handed forward ...
— A Man's Value to Society - Studies in Self Culture and Character • Newell Dwight Hillis
... most ordinary conditions of healthful existence are impossible of attainment; in which the [215] pleasures within reach are reduced to bestiality and drunkenness; in which the pains accumulate at compound interest, in the shape of starvation, disease, stunted development, and moral degradation; in which the prospect of even steady and honest industry is a life of unsuccessful battling with hunger, rounded by ...
— Evolution and Ethics and Other Essays • Thomas H. Huxley
... American abroad. The European traveller from the States, who is not a Croesus, speedily finds himself reduced to a chronic state of self-conscious sordidness by the hordes of cringing robbers who clutter his steps from dawn till dark, and deplete his pocket-book in a way that puts compound interest to the blush. ...
— The People of the Abyss • Jack London
... Neal, no other, the reputed great chieftain of city politics. Once the Post, in an article inspired by West, had referred to Plonny as "this notorious grafter." Plonny could hardly have considered this courteous; but he was a man who never remembered a grudge, until ready to pay it back with compound interest. West's adolescent passion for the immediate reform of politics had long since softened, and nowadays when the whirligig of affairs threw the two men together, as it did not infrequently, they met on the ...
— Queed • Henry Sydnor Harrison
... outbursts of temper. The Count entered first, and the other three followed him, Grabofsky, the Consul, and Fischelowitz. The little back shop was very full. To judge from the last accents of Akulina's voice she had been repaying Johann Schmidt with compound interest, now that the right was on her side, for the manner in which he had attacked her. As the Count entered, however, all held their peace, and he began to speak in the midst of total silence. He stood by the little black table upon which ...
— A Cigarette-Maker's Romance • F. Marion Crawford
... in equality, should grant to one of their number the exclusive right of property; and this sole proprietor should lend one hundred francs to the human race at compound interest, payable to his descendants twenty-four generations hence,—at the end of six hundred years this sum of one hundred francs, at five per cent., would amount to 107,854,010,777,600 francs; two thousand six hundred and ninety-six and one-third times the capital of France (supposing her ...
— What is Property? - An Inquiry into the Principle of Right and of Government • P. J. Proudhon
... things takes on itself the guaranty of the fulfillment of every contract, so that honest service cannot come to loss. If you serve an ungrateful master, serve him the more. Put God in your debt. Every stroke shall be repaid. The longer the payment is withholden,[138] the better for you; for compound interest on compound interest is the rate ...
— Essays • Ralph Waldo Emerson
... government. He was being rapidly overwhelmed with debt. One of his sons was turning out badly. The manager of his estates in England and Ireland, Philip Ford, was enriching himself by the trust, charging compound interest at eight per cent every six months, and finally claiming that Penn owed him 14,000 pounds. Ford had rendered accounts from time to time, but Penn in his careless way had tossed them aside without examination. When Ford pressed for payment, Penn, still without making any investigation, ...
— The Quaker Colonies - A Chronicle of the Proprietors of the Delaware, Volume 8 - in The Chronicles Of America Series • Sydney G. Fisher
... six, and for maritime risks twelve; but it was unlawful to charge interest upon interest. [Footnote: C. 4, 32, 26, Section 1.] Property would double, at eight and one third, in twelve years, not so rapidly as by our system of compound interest, especially at the rate of seven per cent. In England the usury laws of different monarchs limited interest from ten per cent, to five; but these were repealed in 1854. Only five per cent. can now be recovered upon ...
— The Old Roman World • John Lord
... the compound interest going on for seventeen years, and perhaps some rise in the value of the securities, that has doubled the original sum invested. As for the jewels, I have left them at the bank; I should not care about having 50,000 pounds worth of such things in my rooms and I should not think that you would ...
— Colonel Thorndyke's Secret • G. A. Henty
... Christian, "tormented by the things divine," cleaves to the comforting doctrine of innate sinfulness. Hence the universal tenet, that man should do good in order to gain by it here or hereafter; the "enlightened selfishness," that says, Act well and get compound interest in a future state. The allusion to the "Theist-word" apparently means that the votaries of a personal Deity must believe in the absolute foreknowledge of the Omniscient in particulars as in generals. The Rule of Law emancipates man; and its exceptions are the gaps ...
— The Kasidah of Haji Abdu El-Yezdi • Richard F. Burton
... new and crisp one, as this was—is a miraculous fragment of matter, wonderful in the pleasure which the sight of it gives, even to millionaires; but perhaps no five-pound note was ever so miraculous as Denry's. Ten per cent. per week, compound interest, mounts up; it ascends, and it lifts. Denry never talked precisely. But the town soon began to comprehend that he was a rising man, a man to watch. The town admitted that, so far, he had lived up to his reputation as a dancer with countesses. The ...
— The Card, A Story Of Adventure In The Five Towns • Arnold Bennett
... $6, and the rest, $7, is credited upon the stock. Thus at the end of the first six months the member has $3.50 to his credit, and is entitled to his share of the net earnings on that amount. Thus his share of the earnings is steadily increased by compound interest, and if he keeps up his regular payments the shares mature in about sixteen years. This means in most cases that a prudent tenant can become the owner of a house in sixteen years while paying no more than the rent would be. As the active investor he ...
— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter
... rush by like a mighty stream of ink. Again he traced bonds on the shadows of the opposite walls, and wrote receipts on the surface of the stream. The shadows fled, the water ran away; but his soul had contracted, in that dark night, a debt to be one day required with compound interest. ...
— Debit and Credit - Translated from the German of Gustav Freytag • Gustav Freytag
... evidently connected, and one as much as the other is the prerogative of the true believer; who, not content, like common men, with simple interest, will also take interest upon interest. For interest, as you are probably aware, is of two kinds. There is simple interest, and there is its offspring, compound interest. Hear Syllogism on the subject. 'If I take simple interest, I shall also take compound. But I shall take simple interest: ...
— Works, V1 • Lucian of Samosata
... be accumulated, invested, and made to yield its compound interest, and thus be doubled and redoubled. The capital of health may, indeed, be forfeited by one misdemeanor, as a rich man may sink all his property in one bad speculation; but it is as capable of being increased as any other ...
— Pushing to the Front • Orison Swett Marden
... rearrange and catalogue the library. When she came of age and found herself mistress of a tiny income (derived from capital left by her mother, carefully tied up to keep it from Sir Frederick, and enlarged by regular accumulations at compound interest) her first idea was to carry out her grandfather's wishes; but it was not until Horace Jewdwine's last visit that her idea became a determination. Horace had been strolling round the library, turning over the books, not exactly with the covetous ...
— The Divine Fire • May Sinclair
... purchased by my predecessor; but I have never seen the money back. Our ladies in France are not rich enough; it is not as it is in England. The shawl is worth seven thousand francs; and taking interest and compound interest altogether, it makes up fourteen or fifteen ...
— Gaudissart II • Honore de Balzac
... absurdities of which young men in love could be capable occurred to him. He remembered the extravagances of his own youth, and bethinking himself of the sums he had squandered on the future Mrs. Vickers—sums which increased with the compound interest of repetition—came to the conclusion that Mr. Tasker had been ...
— Dialstone Lane, Complete • W.W. Jacobs
... to-day by old Madeiras and Sherries do not represent their real values. One has but to look at the compound interest of savings banks to realize that these wines should be selling at four times the price they are; but unfortunately, since the advent of Scotch whisky in the American market, the American palate seems ...
— American Adventures - A Second Trip 'Abroad at home' • Julian Street
... authority establishing this right in the banker, and interest is not usually recoverable on mere debts, but the charge is justifiable on the ground of the universal custom of bankers, if not otherwise. The charging of compound interest or interest with periodical rests has been supported where such system of keeping the accounts has been brought to the notice of the customer by means of the pass-book, and not objected to by him, but in the present attitude of the courts towards ...
— Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 3 - "Banks" to "Bassoon" • Various
... he could look for no help from the old lord, or from his elder brother, the heir; and now every chance of it was hopelessly closed; nothing but the whim or the will of those who held his floating paper, and the tradesmen who had his name on their books at compound interest of the heaviest, stood between him and the fatal hour when he must "send in his papers to sell," and be "nowhere" in the great race ...
— Under Two Flags • Ouida [Louise de la Ramee]
... many men like Garvin who invested their savings largely on the strength of your name. You cannot bring him back to life, restore him to his family as he was before you embittered him, but it would be a comparatively easy matter to return to his widow, with compound interest, the ...
— The Crossing • Winston Churchill
... paying towards the close of their lives, for luxuries consumed in the middle of them. It would be very interesting, for instance, to know the exact sum which the money spent in London for ices, at its desserts and balls, during the last twenty years, had it been saved and put out at compound interest, would at this moment have furnished for ...
— A Joy For Ever - (And Its Price in the Market) • John Ruskin
... makes Nature debtor to Frederick the Second for the seizure of Silesia, and Bonaparte debtor to Nature for 'trampling on the world, holding it tyrannously down?' It is very well to tell us that 'Injustice pays itself with frightful compound interest,' but there are reasons for suspecting that Mr. Carlyle's definition of the just and the unjust are such as to reduce this and all his other sentences of like purport to the level of mere truism and repetition. ...
— Critical Miscellanies, Vol. I - Essay 2: Carlyle • John Morley
... as far as any man in the forgiving and forgetting business, but the Lord himself hasn't quit on them. Look at 'em. The devil's mortgage is recorded all over their faces and he's getting about ready to foreclose on old Dan! And every time Dan hears poor Morty cough, the devil collects his compound interest. Poor, dear, gay Morty—if he could ...
— In the Heart of a Fool • William Allen White
... nervously in his bed at the memory. Why think of days dead and gone? Jerry was an altogether different man in those times. He neither criticized nor permitted others to criticize his team-mate, and, so far as that particular obligation went, Linton had repaid it with compound interest. If anything, the debt now lay on ...
— The Winds of Chance • Rex Beach
... great-great-grand-parents, and so on backwards indefinitely. It is, indeed, a mosaic of many, yes, of uncountable, contributions. The Life Force gathering within itself these multiple sets of heredity contributions is like capital ever growing at compound interest. The importance of this is abundantly clear. For as we come to understand the continuity of our inheritance from generation to generation we realise more vividly how the past has a living hand on ...
— The Truth About Woman • C. Gasquoine Hartley
... sight which filled him with surprise. One of the girls who leaned on the colonel's arm was a beautiful blonde of about fifteen, with flowing golden hair and rich brown eyes. She stood as if petrified, with the brown eyes gazing intensely at Pedro, who also stood transfixed returning the gaze with compound interest. ...
— The Rover of the Andes - A Tale of Adventure on South America • R.M. Ballantyne
... in service to ourselves, and we best serve self by serving humanity. This is the only religion that pays compound interest to both borrower and lender. Worship Humanity and ...
— Little Journeys to the Homes of the Great - Volume 12 - Little Journeys to the Homes of Great Scientists • Elbert Hubbard
... pursuit of knowledge by the scientist, as Atalanta's lover the golden apples in his race, to assuage the scent of the hard-headed business man, would be profitable enough for any country in peace or war, to pay for itself ten times over and at compound interest. A volume could be filled with suggestions for interesting and promising investigations. But we may glance at some of the immediately useful aspects that might exercise those concerned with the everyday life ...
— The Glands Regulating Personality • Louis Berman, M.D.
... in the family, they were shortened into the easier forms of Sossy and Minthy, under which designation the babes began very soon to thrive mightily, turning bread and milk into the substance of little sinners at a great rate, and growing as if they were put out at compound interest. ...
— The Autocrat of the Breakfast-Table • Oliver Wendell Holmes, Sr. (The Physician and Poet not the Jurist) |
