DISCOUNT. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a debt payable at some future time, without interest, is such a sum of money as will, if put at interest for the given time, amount to the debt. The practical arithmetic - Page 145by John Darby (teacher of mathematics.) - 1843Full view - About this book
| William M. Finlay - Accounting - 1803 - 272 pages
...he was charged 4 per cent. ? Ans. §4882.50. * See Problem III. Arithmetical Progression. Relate or Discount. DISCOUNT is an allowance made for the payment of money before it becomes due, and is less than interest by the interest of the interest for the given time. Therefore,... | |
| Zadock Thompson - Arithmetic - 1826 - 176 pages
...rule for Compound 2. What is the rule for finding Com- I Interest by decimals ? pound Interest ? ' DISCOUNT is an allowance made for the payment of money before it becomes due, and is the difference between that sum, due some time hence, 'and its present worth. The... | |
| William Slocomb - 1828 - 160 pages
...are they to be disposed of? I How is Federal Money changed to Pennsylvania, &c, currency? DISCOUNT. a DISCOUNT Is an allowance made for the payment of money before it becomes due, and is the difference between that sum and its present worth. RULE. b As the amount of... | |
| Frederick Augustus Porter Barnard - Arithmetic - 1830 - 304 pages
...use of borrowed money; or for debts of any kind, remaining unpaid after they are due. DISCOUNT, which is an allowance made for the payment of money before it is due ; or for advancing money on notes, bills, &c., payable at a future day. These subjects will be severally... | |
| Frederick Augustus Porter Barnard - Arithmetic - 1830 - 308 pages
...use of borrowed money; or for debts of any kind, remaining unpaid after they are due. DISCOUNT, which is an allowance made for the payment of money before it is due ; or for advancing money on notes, bills, &c/, payable at a future day. These subjects will be severally... | |
| Zadock Thompson - Arithmetic - 1832 - 186 pages
...the above time and rate, would have been $19,62, greater than the discount by $1.62. DISCOUNT 182. Is an allowance made for the payment of money before it is due, or so much per cent. to be deducted from a given sum. The present worth of a sum of money due some... | |
| Zadock Thompson - Arithmetic - 1832 - 186 pages
...the above time and rate, would have been $19,62, greater than the discount by $1.62. DISCOUNT 182. Is an allowance made for the payment of money before it is due, or so much per cent. to be deducted from a given sum. The present worth of a sum of money due some... | |
| William Ruger - Arithmetic - 1832 - 282 pages
...so the fourth term or answer will become increased, or diminished, in proportion to the second term. DISCOUNT, Is an allowance made for the payment of money before it becomes due, or upon advancing ready money on notes, obligations, &c., whichare payable af -orae future... | |
| Frederick Emerson - Arithmetic - 1834 - 300 pages
...the principal. This problem forms the subject of the next article, under the head of Discount. XVI. DISCOUNT. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a debt, payable at a future period without interest, is that sum of money, which, being put on interest,... | |
| Charles Potts - Arithmetic - 1835 - 202 pages
...1 1 .05 3d year. What amount 1 1 .1 100$ 1.03 1st half year. 1. 03 2d half year. 1.03 3d half year. DISCOUNT. DISCOUNT is an allowance made for the payment of money before it becomes due. The present worth of any debt not yet due, is so much money as, being put to interest... | |
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