Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. The New American Arithmetic - Page 84by Samuel Mecutchen, George Mornton Sayre - 1877Full view - About this book
| John Davidson, Robert Scott (writing master) - Arithmetic - 1818 - 190 pages
...either party, men in business use the following RULE. Multiply each debt by the time it has to run, then divide the sum of the products by the sum of the debts, the quotient is the time at which all the money ought to be paid, nearly. EXAMPLE. A. owes to B. £25... | |
| William Ruger - Arithmetic - 1832 - 282 pages
...reduce it to greater simplicity, to work by Multiplication and Division; first dividing the whole estate by the sum of the debts, and the quotient will be the sum to be received on a dollar, and this quotient multiplied by each creditor's demand, will give,... | |
| Frederick Emerson - Arithmetic - 1834 - 300 pages
...of them by the sum of the debts. RULE. Multiply each debt by the time, in which it is payable, and divide the sum of the products by the sum of the debts: the quotient will be the equated time. 1. If I owe you 50 dollars payable in 4 months, 75 dollars payable... | |
| James Thomson (LL.D.) - Arithmetic - 1837 - 296 pages
...that must elapse before it will become due. (2.) then divide the sum of the products thus obtained by the sum of the debts, and the quotient will be the time required. When the products are taken, all the times, and likewise all the debts, must evidently... | |
| Frederick Emerson - Arithmetic - 1839 - 300 pages
...oi them by the sum of the debts. RULE. Multiply each debt by the time, in which it is payable, and divide the sum of the products by the sum of the debts: the quotient will be the equated time. 1. If I owe you 50 dollars payable in 4 months, 75 dollars payable... | |
| William Ruger - Arithmetic - 1841 - 268 pages
...reduce it to greater simplicity to work by Multiplication and Division ; first dividing the whole estate by the sum of the debts, and the quotient will be the sum to be received on a dollar, and this quotient multiplied by each creditor's demand, will give,... | |
| George Leonard - Arithmetic - 1841 - 356 pages
...debtor or creditor, merchants usually Multiply each debt by the time to elapse before it is due, and divide the sum of the products by the sum of the debts. Though this method is inaccurate it is easy, and experiment shows it may be employed without much error,... | |
| George Leonard (jr.) - Arithmetic - 1841 - 352 pages
...debtor or creditor, merchants usually Multiply each debt by the time to elapse before it is due, and divide the sum of the products by the sum of the debts. Though this method is inaccurate it is easy, and experiment shows it may be employed without much error,... | |
| George Leonard - 1841 - 356 pages
...debtor or creditor, merchants usually Multiply each debt by the time to elapse before it is due, and divide the sum of the products by the sum of the debts. Though this method is inaccurate it is easy, and experiment shows it may be employed without much error,... | |
| Arithmetic - 1843 - 142 pages
...may be paid at once. RULE. Multiply each debt by the time which must elapse before it is due ; then divide the sum of the products by the sum of the debts for the equated time nearly. 1. A owes me £150 in 40 days, £70 in 60 days, £200 in 105 days ; at... | |
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