 | Arthur Scratchley - Savings and loan associations - 1849 - 234 pages
...inverse of interest, we have this fact, corresponding to the one mentioned page 15, that : — The present value of a sum due at the end of a given time, is less in proportion to the greater frequency of the periods at which the interest is supposed to... | |
 | Arthur Scratchley - Agricultural colonies - 1851 - 412 pages
...inverse of interest, we have this fact, corresponding to the one mentioned art. 19, that : — The present value of a sum due at the end of a given time, is less in proportion to the greater frequency of the periods, at which the interest is supposed to... | |
 | Thomas Kimber - Mathematics - 1865 - 302 pages
...the first term and the common ratio. Find the sum of n terms of the series of which the rth term is 2 r + 3 + 2 x 3r. 7. (1) Explain what are meant by discount...end of a given time, reckoning compound interest. (8) A given sum is to be invested in an annuity such that each annual payment is one-third of the preceding,... | |
 | Isaac Todhunter - Algebra - 1866 - 618 pages
...hence the discount will be equal to the amount due diminished by its present value. 577. To find the present value of a sum due at the end of a given time and the discount. Let P be the present value, M the amount, D the discount, r the interest of one pound... | |
 | Arthur Scratchley - Insurance, Life - 1867 - 440 pages
...inverse of interest, we have this fact, corresponding to the one mentioned art. 19, that : — The present value of a sum due at the end of a given time, is less in proportion to the greater frequency of the periods, at which the interest is supposed to... | |
 | Isaac Todhunter - 1870 - 818 pages
...hence the discount will be equal to the amount due diminished by its present value. 577. To find the present value of a sum due at the end of a given time and the discount. Let P be the present value, M the amount, D the discount, r the interest of one pound... | |
 | Thomas Kimber - 1874 - 352 pages
...the common ratio. Find the sum of n terms of the series of which the rth term is 2 r + 3 + 2 x У. 7. (1) Explain what are meant by discount and present...payment for the first year. 8. Solve the equation : 6 x* — 17 ax + 4 bx + 12 a" — 7 ab — 10 i' = 0. A number of men are first formed into a solid... | |
 | Edward Albert Bowser - Algebra - 1888 - 868 pages
...present value and (li.yr.mnt of a given sum due at the end of a given time, at simple intercut. The Present Value of a sum due at the end of a given time, is the principal which with its interest for the given time •will amount to the sum. The Discount... | |
 | Richard Bithell - 1903 - 344 pages
...of Compound Interest Tables which have lately been brought to great perfection. For determining the Present Value of a sum due at the end of a given number of intervals ; the following formula is used, V=_M-n. (1 + r) where V = the present Value. M... | |
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У. 7. (1) Explain what are meant by discount and present value ; and (2) find expressions for the discount and present value of a sum due at the end of a given time, reckoning compound interest. (3) A given sum is to be invested in an annuity such that... 