The Teachers Assistant. Or, A System of Practical Arithmetic: Wherein the Several Rules of that Useful Science, are Illustrated by a Variety of Examples, a Large Proportion of which are in Federal Money. The Whole Designed to Abridge the Labour of Teachers, and to Facilitate the Instruction of Youth |
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Page 111
... at 6 per cent per annum ? Ans . 131.233 . 5. How much will 400L . amount to in 4 years , at 6 per cent . per annum ? Ans . 504L . 19s . 94d . DISCOUNT . Discount is an allowance made for the payment Compound Interest,
... at 6 per cent per annum ? Ans . 131.233 . 5. How much will 400L . amount to in 4 years , at 6 per cent . per annum ? Ans . 504L . 19s . 94d . DISCOUNT . Discount is an allowance made for the payment Compound Interest,
Page 112
... payment of a sum of money before it becomes due , according to a certain rate per cent . agreed on between the parties concerned . The present worth of any sum , or debt , due some time hence , is such a sum as , if put to interest ...
... payment of a sum of money before it becomes due , according to a certain rate per cent . agreed on between the parties concerned . The present worth of any sum , or debt , due some time hence , is such a sum as , if put to interest ...
Page 113
... payment is often made without regard to time ; it is then found precisely as the interest of the given sum for 1 year . EXAMPLES . 1. How much is the discount of 853 dollars , at 2 per cent . ? Ans . 17.06 . 1 853 17.06 2. How much is ...
... payment is often made without regard to time ; it is then found precisely as the interest of the given sum for 1 year . EXAMPLES . 1. How much is the discount of 853 dollars , at 2 per cent . ? Ans . 17.06 . 1 853 17.06 2. How much is ...
Page 114
... payment by its time , add the several products together , and divide the sum by the whole debt ; the quotient will be the ... payments , for their respective times , at the same rate . EXAMPLES . 1. C. owes D. 100 dollars , of which 50 ...
... payment by its time , add the several products together , and divide the sum by the whole debt ; the quotient will be the ... payments , for their respective times , at the same rate . EXAMPLES . 1. C. owes D. 100 dollars , of which 50 ...
Page 173
... payments in arith- metical progression ; the first payment to be 14L . and the last 100 L. what is the cominon difference , each pay- ment , and the whole debt ? Ape Common difference 5 L. 14s . 8d . { First payment 14L . Second , 19L ...
... payments in arith- metical progression ; the first payment to be 14L . and the last 100 L. what is the cominon difference , each pay- ment , and the whole debt ? Ape Common difference 5 L. 14s . 8d . { First payment 14L . Second , 19L ...
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Common terms and phrases
25 yards acres aliquot amount annuity annum answer barrel Bought Bring bushels casks cents per lb common difference compound interest contained cube root cyphers decimal dividend divisor dollars per cent dols drams English ells EXAMPLES Facit farthings Federal Money feet fourths furlongs gain gallons given number given sum grains hogsheads hundred weight improper fraction inches lowest terms merchant miles millions mixed number months Multiply nails neat weight Note number of terms ounces paid payments pecks pence Pennsylvania currency penny pennyweights pieces pint pounds present worth PROOF quarters quarts quotient rate per cent Reduce remainder Result right hand figure roods Rule of Three share shillings sold square root sterling Subtract sum or quantity TABLE tare thousand TROY WEIGHT tuns VULGAR FRACTIONS whole number yards cost yards of cloth yards of linen yards of muslin
Popular passages
Page 74 - Then multiply the second and third terms together, and divide the product by the first term: the quotient will be the fourth term, or answer.
Page 147 - 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 114 - H 2400 dollars, of which 480 dollars are to be paid at present, 960 dollars at 5 months, and the rest at 10 months, but they agree to make one payment of the whole, and wish to know the time.
Page 170 - Bring down the first figure of the next period to the remainder for a new dividend, to which find a new divisor as before, and in like manner proceed till the whole be finished.
Page 162 - ... dollars. How many days did he work, and how many days was he idle?
Page 156 - Write the rates of the simples under each other, and link each rate which is less than the mean rate, with...
Page 182 - Or., by Table III. Multiply the number under the rate, and opposite to the time, by the annuity, and the product will be the amount for yearly payments. If the payments be half yearly or quarterly, the amount » for the given time, found as above, multiplied by the proper number in Table V. will be the true amount.