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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 Art of Computation: Designed to Teach Practical Methods of Reckoning ...

David White Goodrich - Ready-reckoners - 1873 - 206 pages
...date with diffeeent terms of ceedit. Product Method. Rule. Multiply each debt by its term of credit, and divide the sum of the products by the sum of the payments. EXAMPLE. (1.) When may $2,400 be paid, if $600 be due in 4 mos., $800 in 6 mos., and $1000...
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A Complete Arithmetic: Uniting Mental and Written Exercises in a Natural ...

Emerson Elbridge White - Arithmetic - 1870 - 340 pages
...equate the time of several debts or payments, 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 eadi debt or payment for its time of credit, and...
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The High School Arithmetic: Containig All the Matter Usually Presented in a ...

Philotus Dean - Arithmetic - 1874 - 454 pages
...differences is the ratio of that constituent to the whole. PROOF. — Multiply each quantity by its value, and divide the sum of the products by the sum of the quantities. The quotient should be the value of the mixture. NOTE 1. — After finding all the ratios developed by all possible...
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A Higher Arithmetic: Upon the Basis of the Works of Geo. R.Perkins

George Payn Quackenbos - Arithmetic - 1874 - 420 pages
...RULE. — To equate two or more payments, multiply each payment by the number representing its time, and divide the sum of the products by the sum of the payments. The times of the several payments must be in the same denomination, and this will be the...
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The Complete Arithmetic, Oral and Written: Second Part

Daniel W. Fish - Arithmetic - 1874 - 272 pages
...of $2500 for ^5 of 17000 mo. , or 6| mo. KTJLE.— I. Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient is the average term of credit. II. (To find the equated time of payment,) Add...
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The Complete Arithmetic: Oral and Written

Daniel W. Fish - Arithmetic - 1874 - 516 pages
...$750 due in 4 mo., and $1000 due in 6 mo. 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 is the average term of credit. II. (To find the equated time of payment,) Add...
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The Progressive Higher Arithmetic: For Schools, Academies, and Mercantile ...

Horatio Nelson Robinson - Arithmetic - 1875 - 456 pages
...because 45 x 6 = 270 x 1. Hence the following RULE. 1. 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 averaye term of credit to...
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The Complete Arithmetic

Milton Browning Goff - Arithmetic - 1876 - 452 pages
...quotient, 5}, gives the number of months. Hence, the 484. RULE. — Multiply each item by its time, and divide the sum of the products by the sum of the items. r R OB L EMS. 1. John Simpson bought a farm, for which he was to pay $500 cash ; $600 in 6 mo....
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The New Normal Written Arithmetic: Designed for Common Schools, Normal ...

Edward Brooks - Arithmetic - 1877 - 421 pages
...of 1500 months, which is 3j months. Hence the 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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The Normal Higher Arithmetic: Designed for Common Schools, High Schools ...

Edward Brooks - Arithmetic - 1877 - 542 pages
...Hence the adding, we have the sum equivalent to a 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. 2. It is objected to this rule that the...
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