| George Augustus Walton - 1864 - 364 páginas
...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.... | |
| Charles Davies - 1865 - 468 páginas
...intervening days to each date, and multiply each amount by its number of days: II. Divide the sum of these products by the sum of the payments, and the quotient will be the equated time in days. This number, reckoned from the assumed date, will give the equated date. NOTE.... | |
| John Hunter (of Uxbridge.) - 1866 - 266 páginas
...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... | |
| Hoy D. Orton - 1866 - 202 páginas
...Multiply each payment by the time that must elapse before it becomes due; then divide the sum of these products by the sum of the payments, and the quotient will be the averaged time required. NOTE. — When a payment is to be made down, it has no product, but it must... | |
| Whitman Peck - 1868 - 304 páginas
...$500 X 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... | |
| John Fair Stoddard - 1868 - 428 páginas
...time 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,... | |
| John Fair Stoddard - 1888 - 480 páginas
...time 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,... | |
| Joseph Ray - 1857 - 358 páginas
...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... | |
| Hoy D. Orton - 1871 - 202 páginas
...Multiply each payment by the time that must elapse before it becomes due; then divide the mm of these products by the sum of the payments, and the quotient will be the averaged time required. NOTE. — When a payment is to be made down, it has no product, but it must... | |
| Henry Beadman Bryant, Emerson Elbridge White, Corydon Giles Stowell - 1872 - 576 páginas
...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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