Daboll's Schoolmaster's Assistant: Improved and Enlarged, Being a Plain Practical System of Arithmetick, Adapted to the United States |
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Page 120
Simple Interest is the sum paid by the borrower to the lender for the use of money lent ; and is generally at a certain rate per cent . per annum , which in several of the United States is fixed by law at 6 per cent . per annum : that ...
Simple Interest is the sum paid by the borrower to the lender for the use of money lent ; and is generally at a certain rate per cent . per annum , which in several of the United States is fixed by law at 6 per cent . per annum : that ...
Page 123
4d . for 5 years and 2 months , at 6l . per cent . per annum ? £ . d . 75 8 4 £ . d . 6 2mo . = :) 4 10 6 Interest for 1 year . 5 452 10 0 20 22 12 6 do . for 5 years . 0 15 1 do . for two montns . 1050 12 £ 23 7 7 Ans . 6100 2.
4d . for 5 years and 2 months , at 6l . per cent . per annum ? £ . d . 75 8 4 £ . d . 6 2mo . = :) 4 10 6 Interest for 1 year . 5 452 10 0 20 22 12 6 do . for 5 years . 0 15 1 do . for two montns . 1050 12 £ 23 7 7 Ans . 6100 2.
Page 124
What is the interest of 279 dollars , 87 cents for 2 years and a half , at 7 per cent . per annum : Ins . $ 48,97cts . 71 m . 15. What will 2791. 13s . 8d . amount to in 3 years and a half at 5. per cent . per annum ? Ans . 331 ls .
What is the interest of 279 dollars , 87 cents for 2 years and a half , at 7 per cent . per annum : Ins . $ 48,97cts . 71 m . 15. What will 2791. 13s . 8d . amount to in 3 years and a half at 5. per cent . per annum ? Ans . 331 ls .
Page 127
6d . for one year , five mon hs and a half , at 6 per cent . per annum ? Ans . £ 8 5s . Id . 3,5qrs . 4. What is the interest of 121. 18s . for one third of a muntii , ai 6 per ent . ? Ins . 5,16d . II . FOR FEDERAL MONEY . RULE . 1.
6d . for one year , five mon hs and a half , at 6 per cent . per annum ? Ans . £ 8 5s . Id . 3,5qrs . 4. What is the interest of 121. 18s . for one third of a muntii , ai 6 per ent . ? Ins . 5,16d . II . FOR FEDERAL MONEY . RULE . 1.
Page 132
... ten shillings , and interest at 6 per cent . per annum , till paid ; value received . JOHN STANBY , PETER PAYWELL . RICHARD TESTIS Endorsements . 1st . Received in part of the above note , September 4 , 1799 .
... ten shillings , and interest at 6 per cent . per annum , till paid ; value received . JOHN STANBY , PETER PAYWELL . RICHARD TESTIS Endorsements . 1st . Received in part of the above note , September 4 , 1799 .
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3qrs acres added allowing amount annuity annum answer Bought Bring bushels called cent ciphers cloth common containing continue cost cube currency decimal demand denominator difference Divide dividend divisor dollars dols equal EXAMPLES farthings federal money feet figure Find the value fraction gain gallon give given given sum gross half hhds hundred inches interest length less lose loss lowest measure merchants method miles mills mixed months Multiply neat nine paid payment pence period piece pound present worth principal proportion quantity question quotient ratio received Reduce remainder right hand rods root RULE sell share shillings simple sold solid sort square subtract sugar Suppose Table tare term third thousand unit weight whole whole numbers wine yards