The National Arithmetic on the Inductive System: Combining the Analytic and Synthetic Methods : Forming a Complete Course of Higher Arithmetic |
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Page 6
... Discount and Present Worth 286 . · 400 405 411 413 · • 417 420 421 Addition and Subtraction of Multiplication of Duodecimals 421 Banking . Stocks 289 • Division of Duodecimals • 423 • 295 299 MENSURATION . 425 302 Definitions . 425 ...
... Discount and Present Worth 286 . · 400 405 411 413 · • 417 420 421 Addition and Subtraction of Multiplication of Duodecimals 421 Banking . Stocks 289 • Division of Duodecimals • 423 • 295 299 MENSURATION . 425 302 Definitions . 425 ...
Page 286
... discount . } 1 383. In discount , the rate per cent . , the time , and the sum on which the discount is made , are given , to find the present worth , which corresponds precisely to the rate per cent . , the time and the amount being ...
... discount . } 1 383. In discount , the rate per cent . , the time , and the sum on which the discount is made , are given , to find the present worth , which corresponds precisely to the rate per cent . , the time and the amount being ...
Page 287
... discount is 6 , the discount for one year is 186 of the sum on which discount is made . 385. Business men , however , often deduct , or " take off , " from the face of a bill or note due at some future time , a greater percentage than ...
... discount is 6 , the discount for one year is 186 of the sum on which discount is made . 385. Business men , however , often deduct , or " take off , " from the face of a bill or note due at some future time , a greater percentage than ...
Page 288
... discount on $ 110.364 due 5 years hence , at 7 per cent . compound interest ? Ans . $ 31.677 . 387. To find a nominal present worth of any sum due at some future time , and the discount on the same at a given rate , reckon the interest ...
... discount on $ 110.364 due 5 years hence , at 7 per cent . compound interest ? Ans . $ 31.677 . 387. To find a nominal present worth of any sum due at some future time , and the discount on the same at a given rate , reckon the interest ...
Page 289
... discount is usually the same as the legal rate of interest ; and the difference between bank discount and true discount is the same as the difference between interest and true discount ( Art . 384 ) . 390. A note is said to be discounted ...
... discount is usually the same as the legal rate of interest ; and the difference between bank discount and true discount is the same as the difference between interest and true discount ( Art . 384 ) . 390. A note is said to be discounted ...
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Common terms and phrases
25 per cent acres amount annexed annuity Arithmetic Avoirdupois balance barrels becoming due bill bought bushels carats cash cask ciphers circumference common denominator common fraction composite number compound interest compound numbers contain continued fraction cost cube root debit diameter difference discount dividend division dollars duodecimal equal exactly divide EXAMPLES expressed decimally feet long figures gain gallons given number grains greatest common divisor Hence hogshead hundred improper fraction inches least common multiple longitude lowest terms measure merchandise miles minuend mixed number months multiplicand Multiply NOTE number denoting number of days number of terms obtain paid payable payment pounds premium present worth prime factors prime number principal quantity quotient rate per cent ratio received Reduce remainder repetend rods RULE SECOND OPERATION shillings side simple numbers sold square root subtract subtrahend tens third thousand tons weight whole number write yards
Popular passages
Page 158 - RULE. — Multiply all the numerators together for a new numerator, and all the denominators for a new denominator.
Page 168 - Multiply the numerators together for a new numerator, and the denominators together for a new denominator.
Page 322 - There is owing a merchant $ 1000 ; $ 200 of it is to be paid in 3 months, $ 300 in 5 months, and the remainder in 10 months. What is the equated time for the payment of the whole sum ? Ans.
Page 44 - The Dividend is the number to be divided. The Divisor is the number by which we divide.
Page 44 - When the dividend does not contain the divisor an exact number of times, the excess is called a Remainder, and may be regarded as a fourth term in the division.
Page 241 - ... 35 gallons run out in an hour ; in what time will it be filled ? Ans. in 12 hours. 29. A and B depart from the same place and travel the same road ; but A goes 5 days before B, at the rate...
Page 276 - 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, til! all the payments are absorbed ; provided the time between one payment and another be one year or more.
Page 173 - ... as before. Therefore, Dividing the numerator or multiplying the denominator of a fraction by any number divides the fraction by that number (Art.
Page 350 - In reckoning when a bill, payable after date, becomes due, the day on which it is dated is not included ; and if it be a bill payable after sight, the day of presentment is not included. When the term is expressed in months, calendar months are understood ; and when a month is longer than the preceding, it is a rule not to go in the computation, into a third month.
Page 208 - Remove the decimal point as many places to the left as there are ciphers in the divisor, and if there be not figures enough in the number, prefix ciphers.