## Daboll's Schoolmaster's Assistant: Improved and Enlarged, Being a Plain Practical System of Arithmetic, Adapted to the United States |

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Page 120

1 INTEREST is of two kinds ; Simple and Compound SIMPLE INTEREST 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

1 INTEREST is of two kinds ; Simple and Compound SIMPLE INTEREST 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 ... Page 123

4d . for 5 years and 2 months , at 61. per cent . per

4d . for 5 years and 2 months , at 61. per cent . per

**annum**? L. s . d . 4:52 13 0 20 10/50 12 f . s . a . 62no.4 10 6 Interest for 1 year . 5 4 mo . 1 mo . 10 days , # 22 12 6 do . for 5 years . 0 15 1 do . for 2 months . Page 124

What is the interest of 279 dollars , 87 cents for 2 years and a half , at 7 per cent . per

What is the interest of 279 dollars , 87 cents for 2 years and a half , at 7 per cent . per

**annum**? Ans . $ 48 , 97cts . 74m . 15. What will 2791. 13s . 8d . amount to in 3 years and a half at 54 per cent . per**annum**? Ans . £ 331 1s . Page 127

6d . for one year , five months and a half , at 6 per cent . per

6d . for one year , five months and a half , at 6 per cent . per

**annum**. Ans . £ 8 5s . 1d . 3,5grs . 4. What is the interest of 12l . 18s . for one third of a month , at 6 per cent . F Ans . 5,16d . II . FOR FEDERAL MONEY . RULE . 1. Page 132

On demand I promise to pay Timothy Careful , sixtytwo pounds , ten shillings , and interest at 6 per cent . per

On demand I promise to pay Timothy Careful , sixtytwo pounds , ten shillings , and interest at 6 per cent . per

**annum**, till paid ; value received . PETER PAY WELL . JOHN STANBY , RICHARD TESTIS . Indorsements . 1st .### What people are saying - Write a review

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added allowing amount annuity annum answer Bought Bring bushels called cent cloth common contain continue cost cube currency cyphers debt decimal Deduct demand denominator difference Divide dividend divisor dollars dols English Entered equal EXAMPLES farthings federal money feet figure Find the value fraction gain gallon give given number given sum gross half hhds hundred inches interest least left hand length less loss measure merchant method miles mills mixed months Multiply New-England New-York NOTE paid payment pence period piece pound present worth principal PROBLEM proportion quantity question quotient ratio received Reduce remainder right hand RULE sell share shillings simple sold solid sort Sqrs square root sterling subtract sugar Suppose Table tare term third thousand unit whole whole numbers wine yards