The Common School Arithmetic ...: To which is Added a Dictionary of Arithmetical Terms Not Found in Any Other Treatise

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H. Benton, 1837 - Arithmetic - 238 pages
 

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Page 194 - If the payment be less than the interest, the surplus of interest must not be taken to augment the principal; but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal; and interest is to be Computed on the balance, as aforesaid.
Page 199 - Multiply the divisor, thus augmented, by the last figure of the root, and subtract the product from the dividend, and to the remainder bring down the next period for a new dividend.
Page 191 - But if any payment be made before one year's interest hath accrued, then compute the interest on the principal sum due on the obligation for one year, add it to the principal, and compute the interest on the sum paid, from the time it was paid, up to the end of the year : add it to the sum paid, and deduct that sum from the principal and interest added as above...
Page 132 - Reduce compound fractions to simple ones, and mixt numbers to improper fractions ; then multiply the numerators together for a new numerator, and the denominators for. a new denominator.
Page 194 - The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. " If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due.
Page 119 - To reduce a mixed number to an improper fraction, — RULE : Multiply the whole number by the denominator of the fraction, to the product add the numerator, and write the result over the denominator.
Page 233 - TROY WEIGHT. 24 grains (gr.) = 1 pennyweight (pwt.). 20 pennyweights = 1 ounce (oz.). 12 ounces = 1 pound (lb.). 351. Apothecaries' weight is used in mixing medicines and in selling them at retail. APOTHECARIES
Page 235 - LIQUID MEASURE 4 gills (gi.) = 1 pint (pt.) 2 pints = 1 quart (qt...
Page 201 - RULE. 1. Separate the given number into periods of three figures each, beginning at the units place.
Page 191 - 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 till all the payments are absorbed ; provided the time between one payment and another be one year or more.

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