Arithmetic: Designed for Academies and Schools, Uniting the Inductive Reasoning of the French with the Practical Methods of the English System, with Full Illustrations of the Method of Cancellation |
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Page 272
... becoming due , and not being paid , is added to the principal , and the interest then calculated on this amount , as on a new principal . Hence , Calculate the interest to the time at which it becomes due then add it to the principal ...
... becoming due , and not being paid , is added to the principal , and the interest then calculated on this amount , as on a new principal . Hence , Calculate the interest to the time at which it becomes due then add it to the principal ...
Page 276
... 2 per cent , and as he pays over before the money becomes due , I allow him 1 per cent : how much am I to receive ? Ans . $ 965,30 . 14. My broker receives from me $ 2000 to be laid out in stocks : what will be the value of my stocks ...
... 2 per cent , and as he pays over before the money becomes due , I allow him 1 per cent : how much am I to receive ? Ans . $ 965,30 . 14. My broker receives from me $ 2000 to be laid out in stocks : what will be the value of my stocks ...
Page 281
... becomes due , the holder must first demand payment of the maker , Reuben Holmes , and if he declines paying it , the holder may then require payment of Abel Bond , the endorser . 4. If the note is made payable to A B , or bearer , then ...
... becomes due , the holder must first demand payment of the maker , Reuben Holmes , and if he declines paying it , the holder may then require payment of Abel Bond , the endorser . 4. If the note is made payable to A B , or bearer , then ...
Page 282
... becomes due , and is not paid , it will draw interest , though no mention is made of interest . 7. In each of the States there is a rate of interest estab- lished by law , which is called the legal interest , and when no rate is ...
... becomes due , and is not paid , it will draw interest , though no mention is made of interest . 7. In each of the States there is a rate of interest estab- lished by law , which is called the legal interest , and when no rate is ...
Page 283
... due , or in mercantile phrase , “ when they come to maturity . " To find the bank discount on a note , Add 3 days to the time which the note has to run before it becomes due , and calculate the interest for this time at the given rate ...
... due , or in mercantile phrase , “ when they come to maturity . " To find the bank discount on a note , Add 3 days to the time which the note has to run before it becomes due , and calculate the interest for this time at the given rate ...
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Common terms and phrases
9 months acres altitude amount annex apiece apples Arithmetic bank becomes due bushels bushels of wheat called carats cent per annum ciphers cloth cost common denominator composite number containing cube root decimal fraction decimal places denominate number diameter discount divide the product dividend division dollars equal EXAMPLES express factors Federal money feet figure find the interest four gallon given number gives greater greatest common divisor Hence hogshead hundred hundredths improper fraction inches least common multiple less lowest terms merator miles mills minuend mixed numbers mixture molasses multiplicand Multiply number of terms numerator and denominator OPERATION ounces paid payable payment pound principal proper fraction proportion quotient Reduce remainder sell simple fraction simple numbers sold solid square root subtract sugar tare tens third thousand thousandths Troy weight units VULGAR FRACTIONS weight whole number worth Write yards cost yards of cloth
Popular passages
Page 208 - When any decimal number is to be divided by 10, 100, 1000, &c. the division is made by removing the decimal point as many places to the left as there are...
Page 40 - Multiplication is the process of taking one number as many times as there are units in another number.
Page 285 - Multiply each payment by the time before it becomes due, and divide the sum of the products by the sum of the payments : the quotient will be the mean time.
Page 25 - February 28, March 31, April 30, May 31, June 30, July 31, August 31, September 30, October 31, November 30, and December 31.
Page 165 - To reduce an improper fraction to a whole or mixed number, Divide the numerator by the denominator.
Page 115 - The circumference of every circle is supposed to be divided into 360 equal...
Page 259 - We shall now give the rule established in New York (see Johnson's Chancery Reports, vol. i., page 17,) for computing the interest on a bond or note, when partial payments have been made. The same rule is also adopted in Massachusetts, and in most of the other States.
Page 294 - THE CONDITION of the above obligation is such, that if the above bounden James Wilson, his heirs, executors, or administrators, shall well and truly pay or cause to be paid, unto the above named John Pickens, his executors, administrators, or assigns, the just and full sum of Here insert the condition.
Page 114 - Thirty days hath September, April, June, and November ; All the rest have thirty-one, Except the second month alone, Which has but twenty-eight, in fine, Till leap year gives it twenty-nine.
Page 251 - Hence, to find the interest for any number of days, Multiply the principal by the number of days, divide the product by 6, and...