 | Nathan Daboll - Arithmetic - 1815 - 250 pages
...INTEREST. INTEREST is of two kinds; Simple and Compound. SIMPLE INTEREST, Simple Interest is the sum. paid by the borrower to the lender for the use of money lent ; and is generally at a certain rate per cent, per annum, which in several of the United States is... | |
 | Nathan Daboll - Arithmetic - 1818 - 246 pages
...omitting INTEREST. INTEREST is of two kinds ; Simple and Co SIMPLE INTEREST. Simple Interest is the sum paid by the borrower to the lender for the use of money lent ; and is generally at a certain rate per cent. per annum, which in several of the United States is... | |
 | Roswell Chamberlain Smith - Arithmetic - 1827 - 216 pages
...useless, it will be omitted as it has been by many other writers. INTEREST. What is the allowance, paid by the borrower to the lender, for the use of money, called ? A. Interest. How many kinds are there ? A. Two. What are they ? A. Simple and Compound. What... | |
 | John Epy Lovell - 1828 - 234 pages
...(Rt-ads.) M. What rule is this question in 1 P. Interest, M. What is Interest? P. Interest is an allowance paid by the borrower to the lender for the use of money, and is compu t cil at so many dollars or pounds, for the use of one hundred dollars or pounds, for... | |
 | William Kinne - 1829 - 246 pages
...4686,95c. 2m. + Apthorp's 1254,72c. 6m. + Hawkins* 4l25,94c. 8m. + SIMPLE INTEREST. lNTEREST is the sum paid by the borrower to the lender for the use of money lent. The legal interest in most of the United States is 6 per cent. per annum ; that is, £6 for the use... | |
 | William Kinne - Accounting - 1831 - 248 pages
...468(>,95c. 2m.+ Apthorp's, 1254,72c. 6m. + Hawkins', 4125,94c. 8m. + SIMPLE INTEREST. INTEREST is the sum paid by the borrower to the lender for the use of money lent. The legal interest in most of the United States is 6 per cent, per annum ; that is, ,£6 for the use... | |
 | Ira Wanzer - Arithmetic - 1831 - 408 pages
...every 3cwt., (or f of a 1b, per cw,t.,) which may be found by Case III. INTEREST, Is an allowance made by the Borrower to the Lender, for the use of money lent ; and is usually computed at some rate per cent, per annum.* The sum lent is called the principal.... | |
 | William Ruger - Arithmetic - 1832 - 282 pages
...What is the amount? A. The interest and principal added together. What is the rate? A. The per cent paid by the borrower to the lender for the use of money. What is meant by per cent) A. It means a certain number of dollars for the use of a hundred dollars,... | |
 | Lyman Cobb - Arithmetic - 1832 - 228 pages
...INTEREST. Q. What is INTEREST ? A. Interest is a certain premium per cent,, or sum paid, or allowed by the borrower to the lender for the use of money lent. Q. How many kinds of Interest are there ? A. Two ; Simple and Compound. Q. What are the three things... | |
 | Lyman Cobb - Arithmetic - 1836 - 228 pages
...INTEREST. Q. What is INTEREST ? A. Interest is a certain premium per cent., or sura paid, or allowed by the borrower to the lender for the use of money lent. Q. How many kinds of Interest are there ? A. Two ; Simple and Compound. Q. What are the three things... | |
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Interest is the sum paid by the borrower to the lender for the use of money lent... 
