| 11. | Best of all, contracts are backed by the state, and the interest accrued is not taxable.
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| 12. | The schoolmaster was paid from the interest accrued annually on the ?00 placed in the charity.
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| 13. | Deferred interest accrues, and the balance owed grows.
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| 14. | Special accounts, with interest accrued from one to three months, require a 2 per cent provision.
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| 15. | Moreover, many secured cards have no grace period, meaning interest accrues from the date of purchase.
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| 16. | Thirty year bonds so far have returned 0 . 7 percent-- counting interest accrued plus price changes.
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| 17. | Interest accrued is shown as interest payable.
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| 18. | Back interest was forgiven, and new interest accrued only over the last fifteen years of this arrangement.
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| 19. | That judgment stands at $ 274, 550 . 86, with interest accruing at 12 percent per year.
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| 20. | An additional $ 90 million could come from interest accrued over the years on the bond money.
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