Interest-bearing instrument kit

Details Interest-bearing instrument kit Interest-bearing instrument kit

1985-02-11

1986-09-30

Bell, Paul A.

Printed matter

Banking

Certificates of deposit

283 58, 283 73, B42D 1500

Patent

active

046143653

ABSTRACT:
An interest-bearing financial instrument kit is provided comprising a travelers check having a format for the entry and collection of interest due on the check, and a calculator for the calculation of the interest due on the check. The calculator comprises a first and second flat, circular, planar member concentrically affixed to each other at their centers to allow rotation of each member with respect to each other and having concentrically aligned scales representing the total value of the check relative to the time elapsed from date of purchase to date of redemption, and representing the face value of the check, whereby the second member can be rotated relative to the first member to visually obtain the total value of the travelers check when cashed.

REFERENCES:
patent: 733054 (1903-07-01), Landing
patent: 967016 (1910-08-01), Hanzlik
patent: 1141452 (1915-06-01), Faithfull
patent: 1258894 (1918-03-01), Hanzlik
patent: 1286303 (1918-12-01), Hanzlik
patent: 1542692 (1925-06-01), Gentry et al.
patent: 4221326 (1980-09-01), Kandpal

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