The decision came after the chairman, Paul A. Allaire, agreed to pay a $1 million penalty and forfeit $7.6 million in bonus pay and the proceeds from stock sales at Xerox and interest on those sums.
The S.E.C. concluded, for example, that Mr. Allaire should forfeit $5.2 million he received from selling shares of Xerox during the fraud, as well as about $500,000 in bonuses he received for meeting profit goals that the S.E.C. says were not met and $1.9 million in interest on those sums.
* Past loss of earnings of £456,095 - the interest on that sum has yet to be determined.
After Christie's £1.5 million cut, the Tuesday price did not even pay for a minimal interest on the sum invested.
The sums awarded today were: * An agreed figure of £35,000 for general damages for pain and suffering, loss of amenity and loss of congenial employment, with agreed interest on that sum of £1,515.
Just a week's worth of interest on that sum while it's waiting to be deployed would be enough to save most of the half-million women who die in childbirth each year in poor countries.
That might be the case, but the annual compound interest on a lump sum of $1 billion (which at a conservative rate of 10% would yield $100 million per year) would not only cut costs but also add significantly to that nation's bottom line.
Fixed cost is the sum of depreciation, interest on capital cost, repair, maintenance and shelter cost and cost of land use.
By charging a percentage interest on your loans, you ensure that the sums of money you lend out earn you profit in the long run.
The sums required to calculate the interest on a deposit for a part of a day will be horribly complicated under the 12x60x60 system.
