The University Arithmetic: Embracing the Science of Numbers, and Their Numerous Applications |
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Page 223
... principal , is called the Interest . The principal and interest , taken together , are called the Amount . In the above example , $ 100 is the principal , $ 6 is the interest , and $ 106 is the amount . The interest of $ 100 for one ...
... principal , is called the Interest . The principal and interest , taken together , are called the Amount . In the above example , $ 100 is the principal , $ 6 is the interest , and $ 106 is the amount . The interest of $ 100 for one ...
Page 224
... principal for one or more years . The interest of each dollar , for a single year , will be so many hundredths of itself as are expressed by the rate of in- terest . Thus , if the rate of interest be 4 per cent , each dol- lar will ...
... principal for one or more years . The interest of each dollar , for a single year , will be so many hundredths of itself as are expressed by the rate of in- terest . Thus , if the rate of interest be 4 per cent , each dol- lar will ...
Page 226
... principal ; and hence , every two months produces one per cent on the principal . Therefore to find the interest for months , Divide the number of months by 2 and regard the quotient as hundredths . Then multiply the principal by the ...
... principal ; and hence , every two months produces one per cent on the principal . Therefore to find the interest for months , Divide the number of months by 2 and regard the quotient as hundredths . Then multiply the principal by the ...
Page 227
... principal , and consequently , 6 days will give an interest of one mill on the dollar , or one- thousandth of the principal . If , therefore , the days be divided by 6 , the quotient will show how many thousandths of the principal must ...
... principal , and consequently , 6 days will give an interest of one mill on the dollar , or one- thousandth of the principal . If , therefore , the days be divided by 6 , the quotient will show how many thousandths of the principal must ...
Page 228
... principal by the quo- tient , considered as thousandths . " EXAMPLES . 1. What is the interest on $ 297,047 for 28 days , at 6 per cent per annum ? We find that the 28 days give 43 thousandths . We multiply the principal by .004 , and ...
... principal by the quo- tient , considered as thousandths . " EXAMPLES . 1. What is the interest on $ 297,047 for 28 days , at 6 per cent per annum ? We find that the 28 days give 43 thousandths . We multiply the principal by .004 , and ...
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Common terms and phrases
acre amount annexed apples arithmetical avoirdupois bill bushels called Cash cent per annum ciphers circulating decimals cloth cost common denominator common difference composite number compound interest contain cube root Day-book decimal fraction decimal places denominate number different denominations divided dividend division dollars equal exact number EXAMPLES excess of 9's exchange expressed feet figures Find the least four fourth frac gallons given denomination given number gives greatest common divisor Hence hogshead hundred hundredths improper fraction June least common multiple lowest terms merchant method miles mills minuend mixed number months multiplicand number of terms numerator and denominator one-half OPERATION paid payable payment pence pound prefixing premium present value prime factors proper fraction QUEST.-What quotient Reduce remainder repetend shillings simple fraction square root subtract tare tens tenths third thousandths troy troy weight units vulgar fraction weight whole number yards of cloth
Popular passages
Page 38 - The circumference of every circle is supposed to be divided into 360 equal parts, called degrees ; each degree into 60 equal parts, called minutes ; and each minute into 60 equal parts, called seconds.
Page 37 - 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 278 - 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 262 - Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient will be the average term of credit.
Page 279 - ... then the above obligation to be void ; otherwise to remain in full force and virtue.
Page 69 - We have seen that multiplying by a whole number is taking the multiplicand as many times as there are units in the multiplier.
Page 155 - When a decimal number is to be divided by 10, 100, 1000, &c., 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.
Page 154 - 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 151 - Now, to express the 6 thousandths decimally, we have to prefix two ciphers to the 6, and this makes as many decimal places in the product as there are in both multiplicand and multiplier.
Page 229 - Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal and from the sum subtract the payment : the remainder forms a new principal.