Daboll's Schoolmaster's Assistant: Improved and Enlarged : Being a Plain and Practical System of Arithmetick Adapted to the United States |
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Page 8
Compound Interest , 221 showing the present worth of 1l . annuity , for 31 years ,
at 5 and 6 per cent . Compound Interest , • - . . of Cents , answering to the
currencies of the United States , with Sterling , & c . - showing the value of Fcdcral
...
Compound Interest , 221 showing the present worth of 1l . annuity , for 31 years ,
at 5 and 6 per cent . Compound Interest , • - . . of Cents , answering to the
currencies of the United States , with Sterling , & c . - showing the value of Fcdcral
...
Page 123
What remains after the discount is deducted , is the present worth , or such a sum
as , it put to interest , would at the given rate and time , amount to the given sum
or debt . Rule . - As the amount of 1001 , or 100 dollars , at the given rate and ...
What remains after the discount is deducted , is the present worth , or such a sum
as , it put to interest , would at the given rate and time , amount to the given sum
or debt . Rule . - As the amount of 1001 , or 100 dollars , at the given rate and ...
Page 124
When sundry suns are to be paid at different times , find the Rebate or present
worth of each particular payment separately , and when so found , add them into
one sum . EXAMPLES . 7 . What is the discout of 7561 . the one half payable in
six ...
When sundry suns are to be paid at different times , find the Rebate or present
worth of each particular payment separately , and when so found , add them into
one sum . EXAMPLES . 7 . What is the discout of 7561 . the one half payable in
six ...
Page 125
Find the present worth of each yeur by itself , discounting from the time it falls due
, and the sun of all these present worths will be the present worth required .
EXAMPLES 1 . What is the present worth of 400 dols . per annum , to continue 4 ...
Find the present worth of each yeur by itself , discounting from the time it falls due
, and the sun of all these present worths will be the present worth required .
EXAMPLES 1 . What is the present worth of 400 dols . per annum , to continue 4 ...
Page 130
When goods are bought or sold on credit , you must calculate ( by discount ) the
present worth of their price , in order to find your true gain or loss , & c . ti , jud
EXAMPLES . 1 . Bought 164 yards of broadcloth , at 14s . Od . per yard ready
money ...
When goods are bought or sold on credit , you must calculate ( by discount ) the
present worth of their price , in order to find your true gain or loss , & c . ti , jud
EXAMPLES . 1 . Bought 164 yards of broadcloth , at 14s . Od . per yard ready
money ...
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Common terms and phrases
acres added allowing amount annuity annum answer Billings Bought breadth Bring bushels called cent ciphers cloth common compound containing continue cost cube currency decimal demand denominator difference Divide dividend divisor dollars dols English Entered equal EXAMPLES farthings federal money feet figures fraction gain gallon give given given sum gross half hundred inches interest length less loss measure method miles millions mills mixed months Multiply neat New-York 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 square stands subtract sugar Suppose TABLE tare term third thousand units weight whole whole numbers wine yards
Popular passages
Page 162 - Compute the interest to the time of the first payment ; if that be one year or more from the time the interest commenced, add it to the principal, and deduct the payment from the sum total If there be after payments made, compute the interest on the balance due to the next payment, and then deduct the payment as above ; and, in like manner, from one payment to another, till all the payments are absorbed; provided the time between one payment and another be one year or more.
Page 162 - But if any payments be made before one year's interest hath accrued, then compute the interest on the principal sum due on the obligation, for one year, add- it to the principal, and compute the interest on the sum paid, from the time it was paid up to the end of the year; add it to the sum paid, and deduct that sum from the principal and interest, added as above...
Page 190 - If the errors are alike, divide the difference of the products by the difference of the errors, and the quotient will be the answer.
Page 154 - Multiply all the numerators together for a new numerator, and all the denominators for a new denominator: then reduce the new fraction to its lowest terms.
Page 185 - The first term, the last term (or the extremes) and the ratio given, to find the sum of the series RULE. Multiply the last term by the ratio, and from the product subtract the first term...
Page 226 - Obligation to be void, otherwise to remain in full force and virtue.
Page 124 - When the debtor keeps the annuity in his own hands beyond the time of payment, it is said to be in arrears. The sum of all the annuities for the time they have been foreborne, together with the interest due on each, is called the amount.
Page 177 - Alligation Alternate. ALLIGATION MEDIAL, Is when the quantities and prices of several things are given, to find the' mean price of the mixture compounded of those things.
Page 159 - The amount, principal, and rate per cent, given, to find the time. RULE. Subtract the principal from the amount; divide the remainder by the product of the ratio and principal; and the quotient -will be the time. EXAMPLES. 1. In what time will 950 dols. 75 cts. amount to 1235 dollars, 97,5 cents, at 6 per cent, per annum ? From the amount 81235,975 Take the principal 950,75 950,75x06=57,0450)285,2250(5 years, Ans.
Page 91 - Multiply the second and third terms together, and divide their product by the first term; and the quotient will be the answer to the question, in the same denomination you left the second term in, which may be brought into any other denomination required.