[Code of Federal Regulations]
[Title 8, Volume 1]
[Revised as of January 1, 2010]
From the U.S. Government Printing Office via GPO Access
[CITE: 8CFR293.3]

[Page 763]
 
                     TITLE 8--ALIENS AND NATIONALITY
 
               CHAPTER I--DEPARTMENT OF HOMELAND SECURITY
 
PART 293_DEPOSIT OF AND INTEREST ON CASH RECEIVED TO SECURE IMMIGRATION BONDS--Table of Contents
 
Sec. 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


    Example: 3% on $500 for 93 days:


                                                   Days

                                                      90     $7.3972 602
                                                       3      .2465 7534
                                                ------------------------
Interest on $1,000.............................       93    $7.6438 3554
Interest on $500...............................  .......           $3.82