The Packard Commercial Arithmetic

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S.S. Packard, 1885 - Business mathematics - 322 pages
 

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Page 17 - Multiplying the numerator or dividing the denominator by a number multiplies the fraction by that number. 2. Dividing the numerator or multiplying the denominator by a number divides the fraction by that number. 3. Multiplying or dividing both numerator and denominator by the same number does not change the value of the fraction. EXERCISES.
Page 155 - UNITED STATES RULE.—Find the amount of the given principal to the time when the payment or the sum, of the payments exceeds the interest due; subtract from this amount the payment or the sum of the payments. Treat the remainder as a new principal, and proceed as before, to the time of settlement. EXAMPLES.
Page 47 - To divide a decimal by 10, 100, 1000, etc., remove the decimal point as many places to the left as there are ciphers in the divisor, prefixing ciphers to the dividend, if necessary.
Page 43 - ANALYSIS.—Write the numbers so that units of the same order stand in the same column. If the decimal points are in the same vertical line, tenths will necessarily be under tenths, hundredths under hundredths, etc. Add as in integers, and place the point in the result directly under the points of the numbers. 1.
Page 253 - Section 3 of the act of June 20, 1874, provides that every national bank shall, at all times, keep and have on deposit in the Treasury of the United States in lawful money of the United States, a sum equal to 5% of its circulation, to be held and used for the redemption of such circulation.
Page 4 - Greatest Common Divisor of two or more numbers is the greatest number that will divide each without a remainder ; hence it is their greatest common factor. Thus, 2, 3, 4, and 12
Page 253 - in blank, equal in amount to ninety per centum of the current market value not exceeding par, of the United States bonds so transferred and delivered, and at no time shall the total amount of such notes issued to any such association exceed ninety per centum of the amount at such time actually paid in .of its capital stock.
Page 253 - such association exceed ninety per centum of the amount at such time actually paid in .of its capital stock. 1. Any national bank desiring to decrease its circulation, in whole or in part, may deposit lawful money (specie or legal tenders) with the Treasurer of the United States in sums of not less than
Page 65 - salaries and other debts and demands owing by the United States to individuals, corporations, and associations within the United States except interest on the public debt.
Page 64 - The holder of any of the silver coins of the United States of smaller denominations than $1 may, on presentation of the same in sums of $20, or any multiple thereof, at the office of the Treasurer or any Assistant Treasurer of the United States, receive therefor lawful money of the United States.

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