## Bryant and Stratton's Commercial Arithmetic: In Two Parts. Designed for the Counting Room, Commercial and Agricultural Colleges, Normal and High Schools, Academies and Universities |

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Bryant and Stratton's Commercial Arithmetic in Two Parts Emerson Elbridge White No preview available - 2019 |

### Common terms and phrases

25 per cent amount due annual interest annuity annum avdp avoirdupois balance bank banker bbls bills bought bushels called cantaro capital carats Cash coin Cologne mark compound interest computed cost cube currency debt denominator discount Divide dividend divisor dollar draw interest equal equated Examples Exchange on London feet figures fraction gain or loss gallons given number gold greatest common divisor Hence improper fraction indorsers invested July July 15 least common multiple liabilities marked price maturity merchant money of account months Multiply number of days paid partners payable payment pound pound sterling premium present worth profit promissory notes purchase quotient rate of interest rate per cent ratio received Reduce RULE RULE.-Multiply selling semi-annually silver simple interest sold Spanish dollars sterling terest thaler United usury wheat whole number yard York

### Popular passages

Page 139 - The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due.

Page 309 - Cubic Measure 1728 cubic inches (cu. in.) =1 cubic foot (cu. ft.) 27 cubic feet = 1 cubic yard (cu. yd.) 128 cubic feet = 1 cord (cd...

Page 203 - No corporation shall hereafter, interpose the defense of usury in any action. The term corporation, as used in this section, shall be construed to include all associations, and joint-stock companies having any of the powers and privileges of corporations not possessed by individuals or partnerships.

Page 62 - When a decimal number is to be divided by 10, 100, 1000, &c., remove the decimal point as many places to the left as there are ciphers in the divisor, and if there be not figures enough in the number, prefix ciphers.

Page 205 - Multiply each payment 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.

Page 62 - To multiply a decimal by 10, 100, 1000, &c., remove the decimal point as many places to the right as there are ciphers in the multiplier ; and if there be not places enough in the number, annex ciphers.

Page 278 - Sphere is a body bounded by a uniformly curved surface, all the points of which are equally distant from a point within called the center.

Page 27 - TABLE. 10 Mills (m.) = 1 Cent . . ct. 10 Cents = 1 Dime . . d. 10 Dimes = 1 Dollar . $. 10 Dollars = 1 Eagle . E.

Page 139 - If the payment be less than the interest, the surplus of interest must not be taken to augment the principal; but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal; and interest is to be Computed on the balance, as aforesaid.

Page 277 - The altitude of a cone is the perpendicular distance from the vertex to the base.