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<br />Total Income <br />Total operating, <br />Family living cost <br />Depreciation <br />Total all farm and family costs <br /> <br />$ 886~OO <br />312.00 <br />120.00 <br /> <br />$ 2,080.00 <br /> <br /> <br />Surplu.s for labor and ca.pits,learnings <br /> <br />$ l,3l8.00 <br />762.00 <br /> <br />This family would have $10,392 (see page S'; ) invested in the fully im- <br /> <br />proved farm and $3,000 in livestock, machinery and other capital goods, <br /> <br />and their net earnings would represent a return at an interest rate of <br /> <br />5.5 per cent on their investment. <br /> <br />The annUal net earnings of $762 would, under an amortization plan at 3 <br /> <br />peT cent simple interest, for rep~ent in 40 years in 37 annual payments <br />after a. deferral period of 3 years, (Which could be the repayment plan <br />for the project lands), retire a debtof $16,844.30. If the farm family <br />in this case started in with a real estate debt of $lO,392 and a rehab- <br />ilitation loan debt of $3,000 they could under this amortization plan re- <br />tire their debt and accumula.te a. reserve fund of $3,452 at the end a:t' <br /> <br />40 years. <br /> <br />