The Arithmetical Magazine, Or, Mercantile Accountant: Adapted to the Commerce of the United States of America: Containing Some Useful Improvements in Mercantile Arithmetic: A New System of Exchange, in which the Real and Imaginary Currencies of the Different Commercial States in the World are Reduced to the Federal Standard with Calculations on the Mechanical Powers |
From inside the book
Results 1-5 of 23
Page
... Discount 111 Subtraction 24 Accounts current . 116 their use 26 Annuities or Pensions in ar- Multiplication 28 rear .. 117 -use Division 30 Rebate or Discount 119 -use Reduction 33333333 Table of Discount 121 36 Difference of Discount ...
... Discount 111 Subtraction 24 Accounts current . 116 their use 26 Annuities or Pensions in ar- Multiplication 28 rear .. 117 -use Division 30 Rebate or Discount 119 -use Reduction 33333333 Table of Discount 121 36 Difference of Discount ...
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... Discount 225 France , Poland , Prussia , Rus- Table . 225 • Present worth of Annuities 226 178 • Table 226 Annuities in Reversion 228 Present worth of Annui- ties , or Leases for ever 229 · 179 Duodecimals 231 180 PART V. Mechanics 233 ...
... Discount 225 France , Poland , Prussia , Rus- Table . 225 • Present worth of Annuities 226 178 • Table 226 Annuities in Reversion 228 Present worth of Annui- ties , or Leases for ever 229 · 179 Duodecimals 231 180 PART V. Mechanics 233 ...
Page 111
... Discount . The mode in the Banks is to calculate for 30 days to the month , or 360 days to the year ; this makes the interest part more than the true ; but the error is so trifling , that in small sums for a short time it is not worth ...
... Discount . The mode in the Banks is to calculate for 30 days to the month , or 360 days to the year ; this makes the interest part more than the true ; but the error is so trifling , that in small sums for a short time it is not worth ...
Page 113
... Discounted at the U. S. bank George Bakewell's promis- sory note , due 75 days hence , for $ 1000 : How much may I draw for , at 6 per cent . ? Ans . $ 987.50 . 29. Discounted at the Manhattan bank Samuel Kelley's pro- missory note to ...
... Discounted at the U. S. bank George Bakewell's promis- sory note , due 75 days hence , for $ 1000 : How much may I draw for , at 6 per cent . ? Ans . $ 987.50 . 29. Discounted at the Manhattan bank Samuel Kelley's pro- missory note to ...
Page 115
... discounted , the discount may be found by one operation . EXAMPLE . Discounted James Young's note to run 30 days for 500 15000 George Clark's 25 700 17500 John Caldwell's 45 300-13500 William Steele's 60 500 30000 Wm . Armstrong's 40 ...
... discounted , the discount may be found by one operation . EXAMPLE . Discounted James Young's note to run 30 days for 500 15000 George Clark's 25 700 17500 John Caldwell's 45 300-13500 William Steele's 60 500 30000 Wm . Armstrong's 40 ...
Common terms and phrases
60 days amount annuity annum Answer arithmetic arithmetical progression avoirdupoise barter bill Bought calculated casks common difference compound interest compound repetend contained cost Cube Root currency cyphers decimal discount divers denominations divide dividend division divisor dollars ducat dwts equal EXAMPLE exchange farthings feet figure finite foregoing gain gallon galls given number given to find gross guilders hhds improper fraction inches last term less linen lowest name measure merchant miles milreas mixed months multiplicand multiply New-York number of terms ounce paid pence piastre piece pound present worth PROBLEM proceed proportion quantity quotient rate per cent ratio receive Reduce remainder rials Rule of Three RULE.-Divide RULE.-Multiply shillings sold sterling subtract sugar tare third numbers trett Troy Weight unit's place vulgar fraction weight whole number wine yards
Popular passages
Page 156 - Thirty days after sight of this first of exchange (second and third of the same tenor and date unpaid...
Page 196 - ... and to the remainder bring down the next period for a dividend. 3. Place the double of the root already found, on the left hand of the dividend for a divisor. 4. Seek how often the divisor is contained...
Page 119 - DISCOUNT. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a debt payable at some future time, without interest, is such a sum of money as will, if put at interest for the given time, amount to the debt.
Page 65 - To reduce a mixed number to an improper fraction, — RULE : Multiply the whole number by the denominator of the fraction, to the product add the numerator, and write the result over the denominator.
Page 248 - She scuds away at the rate of 10 miles an hour, and the dog on view makes after her at the rate of 18.
Page 203 - RULE. Divide the greater extreme by the less, and the cube root of the quotient, multiplied by the less extreme, gives the less mean ; multiply the said cube root by the less mean, and the product will be the greater mean proportional.
Page 206 - Divide the difference of the extremes by the number of terms, less 1, and the quotient will be the common difference. 6. If the extremes be 5 and 605, and the number of terms 151, what is the common difference?
Page 242 - The wedge is composed of two inclined planes, whose bases are joined. When the resisting forces and the power which acts on the wedge, are in equilibrio, the weight will be to the power, as the height of the wedge to a line drawn from the middle of the base to one side, and parallel to the direction in which the resisting force acts on that side. To find the force of the wedge.
Page 65 - To reduce a compound fraction to a simple one. RULE. — Multiply all the numerators together for a numerator, and all the denominators together for a denominator ; the fraction thus formed will be an equivalent, but often not in its lowest terms.
Page 175 - IF a whole magnitude be to a whole, as a magnitude taken from the first, is to a magnitude taken from the other; the remainder shall be to the remainder, as the whole to the whole.