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" 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. "
The Scholar's Arithmetic; Or, Federal Accountant ...: The Whole in a Form ... - Page 189
by Daniel Adams - 1807 - 216 pages
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Practical Arithmetic, Embracing the Science of Numbers and the Art of ...

John Fair Stoddard - Arithmetic - 1868 - 380 pages
...is July 4, 1865, or 6mo. from January 4. Rule. — Multiply each sum due 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. NOTE. — This Rule, though sanctioned by custom,...
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Practical Arithmetic, by Induction and Analysis

Joseph Ray - Arithmetic - 1857 - 336 pages
...COMMON KULE FOH EQUATION OF PAYMENTS. Multiply each payment by the time to elapse till it becomes due; divide the sum of the products by the sum of the payments; the quotient will be the equated lime. When one of the payments is due on the day from which the equated...
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Stoddard's Complete Arithmetic: Being the New Practical Arithmetic of the ...

John Fair Stoddard - Arithmetic - 1888 - 456 pages
...is July 4, 1865, or 6rno. from January 4. Rule. — Multiply each sum due 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 creditF NOTE. — This Rule, though sanctioned by custom,...
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Chambers's Encyclopaedia: A Dictionary of Universal Knowledge for ..., Volume 4

Encyclopedias and dictionaries - 1868
...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...
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A Practical Treatise on Arithmetic, Arranged for Pupils in Classes: For the ...

Robert Stewart (of Dundee.) - Arithmetic - 1871 - 211 pages
...different periods, may be nettled at one payment. RULE. — Multiply each debt by the time it has to run, then divide the sum of the products by the sum of the debts, the quotient will be the time required. 1. If L300 is payable in 3 months, L460 in 4 months,...
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A Practical Arithmetic: Upon the Basis of the Works of Geo. R. Perkins

George Payn Quackenbos - Arithmetic - 1872 - 336 pages
...through Ex. 1. 434. RULE. — To equate two or more payments, multiply each payment by 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 denomina. tion, and this will be the denomination...
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The Bryant and Stratton Business Arithmetic: A New Work, with Practical ...

Henry Beadman Bryant, Emerson Elbridge White, C. G. Stowell - Business mathematics - 1872 - 564 pages
...mos., making it equitable for both. 676. RULE. Multiply each payment or debt by its time of credit, and divide the sum of the PRODUCTS by the sum of the PAYMENTS. NOTES. — 1. By the term discount, as used above, is meant mercantile discount or simple interest...
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The Art of Computation: Designed to Teach Practical Methods of Reckoning ...

David White Goodrich - Ready-reckoners - 1873 - 206 pages
...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 in 12 mos....
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A Higher Arithmetic: Upon the Basis of the Works of Geo. R.Perkins

George Payn Quackenbos - Arithmetic - 1874 - 420 pages
...— 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 denomination...
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The Complete Arithmetic, Oral and Written: Second Part

Daniel W. Fish - Arithmetic - 1874 - 272 pages
...$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 the average...
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