| 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,... | |
| 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... | |
| 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,... | |
| 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... | |
| 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,... | |
| 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... | |
| 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.... | |
| 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... | |
| 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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