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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

The New Model Arithmetic

Henry Holmes Belfield - Arithmetic - 1891 - 346 pages
...interest may be assumed with the same result. Hence, 641. I. Multiply each debt by its term of credit and divide the sum of the products, by the sum of the debts: the quotient is ike average term of credit. Or, II. Compute the interest of each debt for its...

Standard Arithmetic: Embracing a Complete Course for Schools and Academies

William James Milne - Arithmetic - 1892 - 428 pages
...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. The HB Clafliu Co. sold a bill of goods...

Robinson's New Practical Arithmetic for Common Schools and Academies

Horatio Nelson Robinson - Arithmetic - 1892 - 416 pages
...of 6 months on \$ 30, smce 30 x 6 = 180 x 1. RULE.—I. 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. II. Add the average term of credit to the...

National Newspaper Directory and Gazetteer: Containing a Complete Classified ...

...angle is 184. RULE. — Multiply the amount of each debt by the time in which it is payable (in days), and divide the sum of the products by the sum of the debts. EXAMPLE. — Bought on three months' time. This is equated time of payment. Add one day if February...

Robinson's New Practical Arithmetic for Common Schools and Academies

Horatio Nelson Robinson - Arithmetic - 1892 - 416 pages
...6 months on \$ 30, 8ince 30 x 6 = 180 x 1. RULE. — I. 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. II. Add the average term of credit to the...

Three Roads to a Commission in the United States Army

William Power Burnham - 1893 - 160 pages
...subject. Multiply the average in each subject by the number indicating the relative weight of the subject, and divide the sum of the products by the sum of the relative weights ; the quotient will be the general average. No candidate will be passed by the board...

For sixth, seventh, and eighth grades

...of days from the focal date to the maturity of each debt. Multiply each debt by its number of days, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit from the focal date. Add the average term of...

Robinson's New Higher Arithmetic: For High Schools, Academies, and ...

Horatio Nelson Robinson - Arithmetic - 1895 - 506 pages
...time is С months after April 1 or Oct. 1. RULE. — I. 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 aceraye term of credit. II. Add the average term of credit to the....