Howard's Anglo-American Art of Reckoning: The Standard Teacher and Referee of Business Arithmetic ... |
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Page 45
... Find the commission at 2 per cent . , and the net proceeds on £ 147 15s . £ 147.75X02 = 2.955 = £ 2 19s . 1d . the commission . £ 147 15s.- £ 2 19s . 1d . = £ 144 15s . 11d.net proceeds . INTEREST . INTEREST is the price or sum charged for.
... Find the commission at 2 per cent . , and the net proceeds on £ 147 15s . £ 147.75X02 = 2.955 = £ 2 19s . 1d . the commission . £ 147 15s.- £ 2 19s . 1d . = £ 144 15s . 11d.net proceeds . INTEREST . INTEREST is the price or sum charged for.
Page 46
... INTEREST . INTEREST is the price or sum charged for the use of money lent ; the sum of money bearing interest is ... Find the interest by both methods on any example from March 3rd to July 27th ; 144 exactly equals 148 . COMMON METHOD ...
... INTEREST . INTEREST is the price or sum charged for the use of money lent ; the sum of money bearing interest is ... Find the interest by both methods on any example from March 3rd to July 27th ; 144 exactly equals 148 . COMMON METHOD ...
Page 47
... Find the interest on £ 428 from July 27th , 1882 , to March 3rd , 1883 . £ 12 16s . 94d . Ans . yrs . mo . dys . d . £ s . d . 83 3 3 216dys . 42 · 8 × 216 42.8 × 7.2 428 1 15 8 82 7 27 7.2mos . 3x 12 × 20 or See note page 46 . or 2x12 ...
... Find the interest on £ 428 from July 27th , 1882 , to March 3rd , 1883 . £ 12 16s . 94d . Ans . yrs . mo . dys . d . £ s . d . 83 3 3 216dys . 42 · 8 × 216 42.8 × 7.2 428 1 15 8 82 7 27 7.2mos . 3x 12 × 20 or See note page 46 . or 2x12 ...
Page 48
... INTEREST AT 1 PER CENT PER MONTH . Rule No. 1. - Multiply the Principal by the given number of days and remove the decimal point three places to the left . Find the interest on $ 143 for 33 days at 1 % per month . $ 143x11 ÷ 1000 ...
... INTEREST AT 1 PER CENT PER MONTH . Rule No. 1. - Multiply the Principal by the given number of days and remove the decimal point three places to the left . Find the interest on $ 143 for 33 days at 1 % per month . $ 143x11 ÷ 1000 ...
Page 49
... find the interest for the given time at one per cent . , and multiply by the given rate . TO RECKON INTEREST AT ONE PER CENT . PER ANNUM . COMMON METHOD . RULE . - To find the interest for one year , divide the Princi pal by 100 ; to ...
... find the interest for the given time at one per cent . , and multiply by the given rate . TO RECKON INTEREST AT ONE PER CENT . PER ANNUM . COMMON METHOD . RULE . - To find the interest for one year , divide the Princi pal by 100 ; to ...
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Howard's Anglo-American Art of Reckoning: The Standard Teacher and Referee ... C. Frusher Howard No preview available - 2018 |
Common terms and phrases
acres add the product aliquot amount annex annuity annum answer Art of Reckoning Avoirdupois base bricks bushels Carat cental ciphers common divisor Compound Interest cube root cubic feet debt decimal places decimal point denominator difference Discount dividend Dollar DRY MEASURE Entire interest equal EXAMPLE farthings find the cost Find the interest find the number foot fractions Frustrum gallons given number given rate grains greatest common divisor HOWARD'S inches least common multiple length measure Meter minuend NOTE number of days number of months number of pounds number of terms ounce PAYMENTS Pound Sterling present worth Principal profit quantity quotient rate per cent RECKON INTEREST remainder remove the decimal remove the point rods RULE RULE.-Divide RULE.-Multiply shillings side silver square number square root subtract TABLE Troy TROY POUND TROY WEIGHT U. S. Gold unit figure weight whole numbers yards York zero date
Popular passages
Page 67 - Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit.
Page 26 - Division Division is the process of finding how many times one number is contained in another. The dividend is the number to be divided; the divisor is the number by which the dividend is divided; the quotient is the result of the division.
Page 77 - Exactness requires the addition, to every three hundred bushels, of one extra bushel. The foregoing rule may be used for finding the number of gallons, by multiplying the number of bushels by 8. If the corn in the box is in...
Page 112 - The description of a forty-acre lot would read: The south half of the west half of the south-west quarter of section 1 in township 24, north of range 7 west, or as the case might be; and sometimes will fall short and sometimes overrun the number of acres it is supposed to contain. The nautical mile is 795 4-5 feet longer than the common mile. SURVEYORS
Page 113 - In Board Measure all boards are assumed to be 1 in. thick. A board foot is 1 ft. long, 1 ft. wide, and 1 inch thick ; hence 12 board feet make 1 cubic foot. Board feet are changed to cubic feet by dividing by 12.
Page 113 - NUMBERS. 12 units = 1 dozen. 12 dozen — 1 gross. 12 gross = 1 great gross. 20 units = 1 score. PAPER. 24 sheets = 1 quire. 20 quires = 1 ream. 2 reams = 1 bundle. 5 bundles = 1 bale.
Page 85 - General rule for measuring timber, to find the solid contents in feet. RULE. — Multiply the depth in inches by the breadth in inches, and then multiply by the length in feet, and divide by 144. To find the number of feet of timber in trees with the bark on. RULE. — Multiply the square of one-fifth of the circumference in inches, by twice the length, in feet, and divide by 144.
Page 37 - RULE. Divide as in whole numbers, and from the right hand of the quotient point off as many places for decimals as the decimal places in the dividend exceed those in the divisor.
Page 79 - How to find the number of acres in any plot of land, the number of rods being given. RULE. — Divide the number of rods by 8, multiply the quotient by 5, and remove the decimal point two places to the left.
Page 36 - ... the following RULE. Multiply as in whole numbers, and point off as many places for decimals in the product as there are decimal places in both factors. If there are not so many places, supply the defect by prefixing ciphers.