Standard Arithmetic: Embracing a Complete Course for Schools and Academies |
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Page 271
... payable semi - annually . 9. $ 450 for 2 yr . 2 mo . at 8 % , payable quarterly . 10. What is the compound interest of $ 325.10 for 3 yr . 2 mo . at 6 % ? SOLUTION . By referring to the table upon the next page , it will be seen that ...
... payable semi - annually . 9. $ 450 for 2 yr . 2 mo . at 8 % , payable quarterly . 10. What is the compound interest of $ 325.10 for 3 yr . 2 mo . at 6 % ? SOLUTION . By referring to the table upon the next page , it will be seen that ...
Page 273
... payable , the amount or face of the note written in words , the words " for value received " and " with interest , " if such is the contract , and the place where it is to be paid . 1. Notes are often made payable at a certain time ...
... payable , the amount or face of the note written in words , the words " for value received " and " with interest , " if such is the contract , and the place where it is to be paid . 1. Notes are often made payable at a certain time ...
Page 274
... payable at the maker's place of business . 352. Notes are often bought and sold . The buyer com- monly requires the payee to write his name across the back of the note to guarantee its payment or to transfer the note . The person who ...
... payable at the maker's place of business . 352. Notes are often bought and sold . The buyer com- monly requires the payee to write his name across the back of the note to guarantee its payment or to transfer the note . The person who ...
Page 275
... payable on demand with interest at 5 % . 7. Write a negotiable note for $ 350.75 , payable to D. C. Morrison , due in 60 days from date with interest , and signed by H. G. Goodspeed & Co. Find the interest of : 8. $ 175 from Jan. 2 ...
... payable on demand with interest at 5 % . 7. Write a negotiable note for $ 350.75 , payable to D. C. Morrison , due in 60 days from date with interest , and signed by H. G. Goodspeed & Co. Find the interest of : 8. $ 175 from Jan. 2 ...
Page 282
... payable in 1 yr . 6 mo . , when money is loaned at 6 % ? What the discount ? $ 975.50 $ 1.09 1.09 = Amount of $ 1 for 13 yr .. = $ 894.95 , Present worth . $ 975.50 $ 894.95 $ 80.55 , True discount . EXPLANATION . - = Since every dollar ...
... payable in 1 yr . 6 mo . , when money is loaned at 6 % ? What the discount ? $ 975.50 $ 1.09 1.09 = Amount of $ 1 for 13 yr .. = $ 894.95 , Present worth . $ 975.50 $ 894.95 $ 80.55 , True discount . EXPLANATION . - = Since every dollar ...
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Common terms and phrases
acres altitude amount annuity arithmetical series average bank barrels of flour base bill bought brokerage bushels bushels of wheat called ciphers common fraction compound interest contained convex surface cost cows cube root cubic diameter discount divided dividend dollars draft earn equal exact divisor exchange EXPLANATION expressed farm farmer feet long figures frustum gallons greatest common divisor Hence horse improper fractions inches insured integers invested June 24 least common least common multiple length longitude lower denominations merchant miles million minuend money being worth months multiplied ounces paid par value payable payment piece premium prime factors PRINCIPLE purchased quotient ratio receive remainder rods sell share sheep slant height sold square miles subtracted tens term thousand thousandths tons week weighs wide WRITTEN EXERCISES
Popular passages
Page 419 - LIQUID MEASURE 4 gills (gi.) = 1 pint (pt.) 2 pints — 1 quart (qt...
Page 417 - Square Measure 144 square inches (sq. in.) = 1 square foot (sq. ft.) 9 square feet = 1 square yard (sq.
Page 369 - 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 370 - Weighted average is used in this report to indicate discharge-weighted average. It is computed by multiplying the discharge for a sampling period by the concentrations of individual constituents for the corresponding period and dividing the sum of the products by the sum of the discharges.
Page 421 - TABLE. 24 grains (gr.) = 1 pennyweight, (pwt.) 20 pennyweights = 1 ounce, (oz.) 12 ounces =1 pound. (Ib.) Apothecaries' Weight is used in compounding medicines.
Page 212 - A Circle is a plane figure bounded by a curved line every point of which is equally distant from a point within called the center.
Page 331 - ... subtract the product from the dividend, and to the remainder annex the next period for the next dividend.
Page 105 - Multiplying or dividing both terms of a fraction by the same number does not change the value of the fraction.
Page 417 - CUBIC MEASURE. 1728 cubic inches (cu. in. ) = 1 cubic foot (cu. ft.).
Page 98 - Cancel the common factors from both the dividend and divisor. II. Then divide the product of the remaining factors of the dividend by the product of the remaining factors of the divisor, and the result will be the quotient.