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" 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 84
by Samuel Mecutchen, George Mornton Sayre - 1877
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Arithmetic Modernised: Or, A Complete System of Arithmetic, Adapted to ...

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...
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A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

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,...
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The North American Arithmetic: Part Third, for Advanced Scholars, Volume 3

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...
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Treatise on Arithmetic, in Theory and Practice: With an Appendix, Containing ...

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...
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The North American Arithmetic: For Advanced Scholars. part third

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...
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Ruger's Arithmetick, with Questions and Answers: A New System of Arithmetick ...

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,...
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A Practical Treatise on Arithmetic, [etc.].

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,...
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A Practical Treatise on Arithmetic ...: Combining the Useful Properties of ...

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,...
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A Practical Treatise on Arithmetic: Wherein Every Principle Taught is ...

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,...
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A Treatise of Arithmetic: Designed for the Use of the Elementary Schools ...

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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