Written ArithmeticBrewer & Tileston, 1876 |
From inside the book
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Page 6
... Discount , 195 . 199 ⚫ 202 is of another , Profit and Loss , Interest , • 175 Banking , · • 204 . 176 General Review , No. 6 , • 208 . 178 Commission , Brokerage , and Stocks , 209 Insurance , PERCENTAGE .- ( CONTINUED . ) Page 213 vi ...
... Discount , 195 . 199 ⚫ 202 is of another , Profit and Loss , Interest , • 175 Banking , · • 204 . 176 General Review , No. 6 , • 208 . 178 Commission , Brokerage , and Stocks , 209 Insurance , PERCENTAGE .- ( CONTINUED . ) Page 213 vi ...
Page 202
... DISCOUNT . 286. This subject is a practical application of Art . 285. It embraces all examples in which it is required to know what sum will equitably discharge a note or debt at a given time before it is due . 287. The Present Worth of ...
... DISCOUNT . 286. This subject is a practical application of Art . 285. It embraces all examples in which it is required to know what sum will equitably discharge a note or debt at a given time before it is due . 287. The Present Worth of ...
Page 203
... discount of $ 200 due in 3 mo . at 6 % . Ans . $ 197.044 + pres . worth ; $ 2.956- discount . 4. What is the discount of $ 100 for 9 mo . at 4 % ? 5 % ? Ans . $ 2.912 + . 5. What is the present worth of $ 1609.30 for 10 m . 24 d . at ...
... discount of $ 200 due in 3 mo . at 6 % . Ans . $ 197.044 + pres . worth ; $ 2.956- discount . 4. What is the discount of $ 100 for 9 mo . at 4 % ? 5 % ? Ans . $ 2.912 + . 5. What is the present worth of $ 1609.30 for 10 m . 24 d . at ...
Page 204
... DISCOUNT . 290. Bank Discount is an allowance made to a bank for advancing money on a note before it is due . 291. Bank discount is the interest on the face of the note or its amount at maturity for the time it is discounted ( Art . 272 ) ...
... DISCOUNT . 290. Bank Discount is an allowance made to a bank for advancing money on a note before it is due . 291. Bank discount is the interest on the face of the note or its amount at maturity for the time it is discounted ( Art . 272 ) ...
Page 206
... discounted at a bank , will yield a certain sum : Divide the required sum by $ 1 , minus the bank discount of $ 1 for the given time at the given rate , and the quotient will be the face of the note . EXAMPLES . 1. What must be the face ...
... discounted at a bank , will yield a certain sum : Divide the required sum by $ 1 , minus the bank discount of $ 1 for the given time at the given rate , and the quotient will be the face of the note . EXAMPLES . 1. What must be the face ...
Common terms and phrases
acres amount angle barrels bought bushels cents per lb common fraction common multiple compound interest contain cord cost cube root decimal fraction decimal point decimeters diameter Dictation Exercises discount Divide dividend dollars Dry Measure DUODECIMALS equal figure Find the G. C. D. frustum gain gall gallons given number greatest common divisor Hence the RULE hundred improper fraction inches least common multiple length long ton measure meters miles minuend mixed number months multiply NOTE number is divisible number of terms OPERATION paid parallelopiped payment pounds premium present worth prime factors principal quotient ratio Reduce remainder rods selling sold square root subtract tens thousand thousandths triangle units weight whole number wide width write yards
Popular passages
Page 117 - Thirty days hath September, April, June, and November ; All the rest have thirty-one, Except the second month alone, Which has but twenty-eight, in fine, Till leap year gives it twenty-nine.
Page 268 - Subtract the square number from the left hand period, and to the remainder bring down the next period for a dividend. III. Double the root already found for a divisor ; seek how many times the divisor is contained in the dividend...
Page 68 - Multiplying or dividing both terms of a fraction by the same number does not change the value of the fraction.
Page 289 - A Circle is a plane figure bounded by a curved line called a circumference, every point of which is equally distant from a point within called the centre.
Page 306 - The sum of all the terms. Any three of which being given, the other two may be found.
Page 114 - A circle is a plane figure bounded by a line, every part of which is equally distant from a point within called the centre ; as AEFGBD.
Page 278 - Multiply the divisor, thus augmented, by the last figure of the root, and subtract the product from the dividend, and to the remainder bring down the next period for a new dividend.
Page 306 - ... found. This gives rise to twenty distinct cases, a few of the more important of which will be here presented. NOTE I. — For the remaining cases, also for full discussions of Geometrical Progression and Annuities, the student is referred to works on Algebra.
Page 10 - L, fifty ; C, one hundred ; D, five hundred ; M, one thousand.
Page 248 - The first and fourth terms of a proportion are called the extremes, and the second and third terms, the means. Thus, in the foregoing proportion, 8 and 3 are the extremes and 4 and 6 are the means.