 | Benjamin Greenleaf - Arithmetic - 1861 - 338 pages
...payment of the whole. Hence the following RULE. — Multiply each payment by its own time of credit. and divide the sum of the products by the sum of the payments. NOTE 1. — This is the rule usually adopted by merchants, but it is not perfectly correct ; for if... | |
 | James Stewart Eaton - 1862 - 320 pages
...debts, A might ECLE 1. Multiply each debt by the number expressing the time to elapse before it becomes due, then divide the sum of the products by the sum of the debts, and the quotient is the average term of credit. Add Hie average term of credit to the date of... | |
 | Robert Johnston (F.R.G.S.) - 1863 - 254 pages
...party. RULE. — 1°. Multiply each debt by the time which should elapse before it will become due. 2°. Then divide the sum of the products by the sum of the debts. Various Departments. Ex. 1. Find by any rule with which you are acquainted the sum which, paid... | |
 | Edward Brooks - Arithmetic - 1863 - 350 pages
...of jJ-3 of 1500 months, which is 3J months. Hence RULE. — Multiply each payment ly its time, and divide the sum of the products by the sum of the payments, the quotient will lie, the average term of credit. 2. A owes B §6000, J due in 3mo., | in 4mo., and... | |
 | Charles Davies - Arithmetic - 1863 - 346 pages
..." " J_X 12 = 12. $6 $48 6 6)48. Rule. Multiply each payment by the time before it becomes due, and divide the sum of the products by the sum of the payments: the quotient will be the mean time. Examples. 2. A owes B $600 ; one-third is to be paid in 6 months... | |
 | George Augustus Walton - Arithmetic - 1864 - 364 pages
...Hence RULE II. Multiply each payment by the number of days o* months to elapse before it becomes due ; divide the sum of the products by the sum of the payments, and add the quotient to the date. NOTE. — The examples in this book are performed by the Interest method.... | |
 | James Stewart Eaton - Arithmetic - 1864 - 322 pages
...time. Hence, RULE 1. Multiply each debt by the number expressing the time to elapse before it becomes due, then divide the sum of the products by the sum of the dells, and the quotient is the average term of credit. Add the average term of credit to the date of... | |
 | John Hunter (of Uxbridge.) - 1866 - 266 pages
...founded on mercantile discount, and is as follows : — RULE. — Multiply each payment by its time, and divide the sum of the products by the sum of the payments ; observing to use all the times, as well as the payments, in a uniform denomination. Ex. (1) I owe... | |
 | Whitman Peck - Arithmetic - 1868 - 304 pages
...51 " =$25500 " $1200 X— " =)$75100 Ans. 63 days. RULE. — Multiply each payment by its time, and divide the sum of the products by the sum of the payments. This rule is according to bank discount. If the date is required, reckon the equated time from the... | |
 | Encyclopedias and dictionaries - 1868 - 878 pages
...The rule generally given is as follows: Multiply each sum due by the time at which it is payable, and then divide the sum of the products by the sum of the debts : the quotient is the equated time. For example, if £10 be due at one month, and £20 at two... | |
| |
RULE. Multiply each payment by the time at which it is due, then divide the sum of the products by the sum of the payments, and the quotient will be the answer. 
