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C 24

D 48

Proof 100

10)120(12 A's part.

2. A, B and C, built a house which cost 500 dollars, of which A paid a certain sum; B paid 0 dollars more than A, and C paid as much as A and B both; how much did each man pay?

Ans. A paid $120, B $130, and C $250.

S. Á man bequeathed 100l. to three of his friends, after this manner the first must have a certain portion, the second must have twice as much as the first, wanting 81. and the third must have three times as much as the first, wanting 15l.; I demand how much each man must have? Ans. The first £20 10s. second £33, third £46 10s.

4. A laborer was hired 60 days upon this condition; that for every day he wrought he should receive 4s. and for every day he was idle should forfeit 28.; at the expiration of the time he received 71. 10s. ; how many days did he work, and how many was he idle?

Ans. He wrought 45 days, and was idle 15 days.

5. What number is that which being increased by its , its t, and 18 more, will be doubled? Ans. 72.

6. A man gave to his three sons all his estate in money, viz. to F half, wanting 50l. to G one-third, and to H the rest, which was 101. less than the share of G; I demand the sum given, and each man's part?

Ans. the sum given was £560, whereof F had £150, G 120, and H


7. Two men, A and B, lay out equal sums of money in trade; A gains 126l. and B looses 871 and A's money 18 now double to B's; what did each lay out? Ans. £900.

8. A farmer having driven his cattle to market, eceived for them all 1301. being paid for every ox 71. for every cow 51. and for every calf 11. 10s. there were twice as many cows as oxen, and three times as many caives as COWS; how many were there of each sort ?

Ans. 5 oxen, 10 cows, and 30 calves.

9. A, B and C, playing at cards, staked 324 crowns; but disputing about tricks, each man took as many as he could: A got a certain number; B as many as A and 15 more; C got a 5th part of both their sums added together; how many did each get?

Ans. A got 1274, B 142), C 54.


Is the shewing how many different ways any given number of things may be changed.

To find the number of Permutations or changes, that can be made of any given number of things, all different from each other


Multiply all the terms of the natural series of numbers from one up to the given number, continually together, and the last product will be the answer required.

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2. How many changes may be rung on 9 bells?

Ans. 362890.


3. Seven gentlemen met at an inn, and were so well pleased with their host, and with each other, that they agreed to tarry so long as they, together with their host, could sit every day in a different position at dinner; how long must they have staid at said inn to have fulfilled their agreement ?

Ans. 110119 years.




CASE I. To find the amount of an annuity, or Pension, in arrears,

at Compound Interest.

RULE. 1. Make 1 the first term of a geometrical progression, and the amount of $1 or £1 for one year, at the given rate per cent. the ratio.

2. "Carry on the series up to as many terms as the given number of years, and find its sum.

3. Multiply the sum thus found, by the given annuity, and the product will be the amount sought.

1. If 125 dols. yearly rent, or annuity, be forborne, (or wnpaid) 4 years; what will it amount to, at 6 per cent. per annum, compound interest?

1+1,06+1,1236+1,191016=4,374616 sum of the seriss.*-Then, 4,574616X125=8546,827 the amount sought.

OR BY TABLE II. Multiply the Tabular number under the rate and opposite to the time, by the annuity, and the product will be the amount sought.


* The sum of the series thus found, is the amount of 11. or 1 dollar annuity, for the given time, which may be found in Table II. ready calculated.

Hence, either the amount or present worth of annuities may be readily found by Tables

for that purpose.

2. If a salary of 60 dollars per annum to be paid year. ty, be forborne 20 years, at 6 per cent. compound inerest; what is the amount ?

Under 6 per cent. and opposite 20, in Table II, you will find,

Tabular number=36,78559

60 Annuity.

Ans. 82207,13540-82207, 13cts. 5m.+

5. Suppose an Annuity of 100l. be 12 years in arrears, it is required to find what is now due, compound interest being allowed at 5l. per cent. per annum ?

Ans. £1591 14s. 3,024d. (by Table III.)

4. What will a pension of 120l. per annum, payable yearly, amount to in 3 years, at 5l. per cent. compound Ans. £578 6s.

interest ?

II. To find the present worth of Annuities at Compound Interest.


Divide the annuity, &c. by that power of the ratio sig nified by the number of years, and subtract the quotient from the annuity: This remainder being divided by the catio less 1, the quotient will be the present value of the Annuity sought.

1. What ready money will purchase an Annuity of 501. to continue 4 years, at 51. per cent. compound interest ?


4th power
the ratio,







Divis. 1,05—1—05)8.85487

177,297177 59. 113d. Ana.


Under 5 per cent. and even with 4 years. We have 3,54595-present worth of 11. for 4 years. Multiply by 50 Annuity.

Ans. £177,29750=present worth of the annuity. 2. What is the present worth of an annuity of 60 dols. per annum, to continue 20 years, at 6 per cent. compound interest ? Ans. 8688, 191⁄2cts.+ S. What is 30%. per annum, to continue 7 years, worth in ready money, at 6 per cent. compound interest? Ans. £167 9s. 5d.+ III. To find the present worth of Annuities, Leases, &c. taken in REVERSION, at Compound Interest.

1. Divide the Annuity by that power of the ratio denoted by the time of its continuance.

2. Subtract the quotient from the Annuity: Divide the remainder by the ratio less 1, and the quotient will be the present worth to commence immediately.

S. Divide this quotient by that power of the ratio denoted by the time of Reversion, (or the time to come before the Annuity commences) and the quotient will be the present worth of the Annuity in Reversion.


1. What ready money will purchase an Annuity of 50%. payable yearly, for 4 years: but not to commence till two years.

at 5

per cent.

4th power of 1,05=1,2155u6)50,00000(41,13513 Subtract the quotient=41,13513

Divide by 1,05-1,05)8,86487

2d. power of 1,05=1,1025)177,297(160,8136=£160 16s. 3d. 1gr. present worth of the Annuity in Reversion. OR BY TABLE III.

Find the present value of 17. at the given rate for the sum of the time of continuance, and time in reversion added together; from which value subtract the present worth of Il. for the time in reversion, and multiply the remainder by the Annuity; the product will be the answer.

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