Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" The Present Worth of a debt, payable at a future time without interest, is such a sum as, being put at legal interest, will amount to the given debt when it becomes due. "
Practical Arithmetic, by Induction and Analysis - Page 235
by Joseph Ray - 1857 - 320 pages
Full view - About this book

Practical Arithmetic, by Induction and Analysis

Joseph Ray - Arithmetic - 1857 - 348 pages
...per cent, is 6, this sum would be S100 ; for, the amount of $100 at interest for 1 year, at 6 ./0, is $106. Art. 220. The PRESENT WORTH of a debt payable...payment. ART. 236. 1. Find the Present Worth of $224, due 2 yr. hence, without interest, money being worth 6 % per annum. SOLUTION. — The amount of $1 for...
Full view - About this book

The Progressive Practical Arithmetic: Containing the Theory of Numbers, in ...

Horatio Nelson Robinson - Arithmetic - 1859 - 348 pages
...DISCOUNT. 313. Discount is an abatement or allowance made for the payment of a debt before it is due. 313. The Present Worth of a debt, payable at a future time without interest, is such a sum as, being put at legal interest, will amount to the given debt when it becomes due. 1. A...
Full view - About this book

The Progressive Higher Arithmetic, for Schools, Academies, and Mercantile ...

Horatio Nelson Robinson - Arithmetic - 1860 - 444 pages
...DISCOUNT. 55G. Discount is an abatement or allowance made j'ov the payment of a debt before it is due. 557. The Present Worth of a debt, payable at a future time without interest, is such a sum as, being put at legal interest, will amount 10 the given debt when it becomes due. 1. What...
Full view - About this book

The Common School Arithmetic: Combining Analysis and Synthesis; Adapted to ...

James Stewart Eaton - 1862 - 320 pages
...DISCOUNT. 25~. DISCOUNT is an abatement or deduction made for the payment of a debt before it is due. The PRESENT WORTH of a debt, payable at a future time without interest, is, evidently, a sum which, put at legal interest, will amount to the debt at the time of its becoming...
Full view - About this book

Solutions of questions in arithmetic by first principles

Walter McLeod - Arithmetic - 1863 - 154 pages
...worth of the debt is ¿£l05 — ¿£5, that is £100. 2. The present worth, therefore, of a delit payable at a future time without interest. is that sum which, at a specified rate per cent. lor the same time, would amount to that debt. Thus, t\ie present worth of £103 due at the...
Full view - About this book

The Common School Arithmetic: Combining Analysis and Synthesis ; Adapted to ...

James Stewart Eaton - Arithmetic - 1864 - 322 pages
...DISCOUNT. 252. DISCOUNT is an abatement or deduction made for the. payment of a debt before it is due. The PRESENT WORTH of a debt, payable at a future time without interest, is, evidently, a sum which, put at legal interest, will amount to the debt at the time of its becoming...
Full view - About this book

Practical Arithmetic, by Induction and Analysis

Joseph Ray - Arithmetic - 1857 - 358 pages
...rate per cent, is 6, this sum would be §100 ; for, the amount of §100 at interest for 1 year, at 6 %, is $106. Art. 220. The PRESENT WORTH of a debt...without interest, is that sum which, at a specified rate of0 for the same time, would amount to the debt. The DISCOUNT is the sum deducted for present payment....
Full view - About this book

The Complete Arithmetic: Oral and Written

Daniel W. Fish - Arithmetic - 1874 - 526 pages
...of goods, or an allowance made for the payment of a debt or other obligation before it is due. GOO. The Present Worth of a debt payable at a future time without interest, is such a sum as, being put at legal interest, will amount to the debt when it becomes due. 6O1. The True...
Full view - About this book

The Complete Arithmetic, Oral and Written: Second Part

Daniel W. Fish - Arithmetic - 1874 - 302 pages
...an allowance made for the payment of a debt or other obligation before it is due. OCX). The Prcaent Worth of a debt payable at a future time without interest, is such a sum as, being put nt legal interest, will amount to the debt when it becomes due. EXERCISES....
Full view - About this book

The Progressive Higher Arithmetic: For Schools, Academies, and Mercantile ...

Horatio Nelson Robinson - Arithmetic - 1875 - 462 pages
...DISCOUNT. 55G. Discount is an abatement or allowance made for the payment of a debt before it is due .1.57. The Present Worth, of a debt, payable at a future time without interest, is such a sum as, being put at legal interest, will amount to the given debt when it becomes due. 1. What...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF