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" 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. "
The Youth's Assistant in Theoretic and Practical Arithmetic: Designed for ... - Page 82
by Zadock Thompson - 1838 - 164 pages
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The Accountant: For Public Schools and Academies

Millard R. Powers - Bookkeeping - 1877 - 155 pages
...long, or 5 months. Hence the Product Method. RULE. Multiply each item or ilebt by its term of credit, and divide the sum of the products by the sum of the items; the quotient will be til* average term of credit. "When the term of a note or bill is expressed...
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The Practical Arithmetic on the Inductive Plan: Including Oral and Written ...

William James Milne - Arithmetic - 1877 - 391 pages
...mo., which is 2 months, the average term of credit. RULE.—Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. 2. HB Claflin & Co. sold a bill of goods amounting...
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The Normal Union Arithmetic: Graded Course, Part 3

Edward Brooks - Arithmetic - 1877 - 429 pages
...$1, for 1500 months; if $1 has a credit 1500 Rule. — 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. NOTES. — 1. If there are cents in any...
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Ray's New Higher Arithmetic: A Revised Edition of the Higher Arithmetic

Joseph Ray - Arithmetic - 1880 - 408 pages
...at the same date, we have the following rule : Rule. — Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts; the quotient will be the equated time. 326. If the account has credits as well as debits, it...
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Concise system of arithmetic, re-arranged and enlarged by A. Trotter

A. Melrose - 1881
...mixture, when the quantities and rates of the simples are given. RULE. Multiply each quantity by its rate, and divide the sum of the products by the sum of the quantities. 1. Eight Ib. of sugar, at 4d. per Ib., were mixed with 5 Ib. at 5d., and 7 Ib. at 8d. ; what was the...
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The Bryant and Stratton Business Arithmetic

H. Bryant - 1881
...quality of 1 oz. is 20. RULE. Multiply the value or quality of each article by the number of articles, and divide the sum of the products by the sum of the articles. The quotient will te the average value or quality of the mixture. 3. A grocer mixed 15 Ib....
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The Complete Arithmetic, Oral and Written, on the Basis of Works

Henry Bartlett Maglathlin - Arithmetic - 1882 - 368 pages
...average time. 334. Rule to find the Average Time of Payment. Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. This added to the date from which the credits...
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A New Complete Arithmetic: Uniting Oral and Written Exercises

Emerson Elbridge White - Arithmetic - 1883 - 360 pages
...time of several debts or payments : Rules. — 1. Multiply each debt or payment by its time of credit, and divide the sum of the products by the sum of the debts or payments. Or : 2. Compute the interest of each debt or payment for its time of credit, and...
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Howard's Anglo-American Art of Reckoning: The Standard Teacher and Referee ...

C. Frusher Howard - Ready-reckoners - 1884 - 126 pages
...the required quantity of the other member. To prove the answer, multiply each value by its quantity, and divide the sum of the products by the sum of the quantities. Example. — Having four qualities of tea worth 1, 2, 3 and 4 dollars a pound, how much of each must...
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The Natural Arithmetic: Specially Prepared for Elementary Schools

Zalmon Richards - Arithmetic - 1885 - 122 pages
...price and quantity of each simple are given. 1st RULE. — Multiply the number of parts of each simple by its price, and divide the sum of the products by the sum of all the parts. Thus, Bibs, at lOcts., 6lbs. at 12cts., 7lbs. at 14cts., will make 18lbs. at...
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