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THE EFFECT OF MATURITIES ON INTEREST COSTS <br /> ($800,000 BOND ISSUE) <br /> YEARS RATE TOTAL INTEREST PRIN. AND INTEREST <br /> 5 4.0% $96, 000 $896,000 <br /> 10 4.7 206,800 1,006,800 <br /> 15 5.0 340,000 1,140,000 <br /> 20 5.4 453,600 1,253, 600 <br /> FIVE YEAR MATURITY ON $800,000 BOND <br /> NET DEBT EFFECT ON EFFECT OF TOTAL <br /> FY <br /> SERVICE TAX RATE NEW BONDING DEBT e <br /> $ TAX RATE SERVICE -. I /t <br /> r. `i s <br /> i J J . <br /> '77 $1,189,640 $4.759 0 4.759/0 <br /> Vic,>, f <br /> '78 1,078,175 4.312 $194,000 $.776 5.088 �. 57,i6-. -, <br /> C <br /> '79 982,975 3.932 187,200 .749 4.915 <br />