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" Divide the amount of the debt at its maturity by one dollar plus its interest for the given time and rate and the quotient will be the present worth. Subtract the present worth from the amount... "
The Computist's Manual of Facts: And Merchant's and Mechanic's Calculator ... - Page 123
by Ezra S. Winslow - 1853 - 252 pages
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A New and Concise System of Arithmetick: Containing Vulgar, Decimal, and ...

Beriah Stevens - Arithmetic - 1822 - 436 pages
...ratio by the time, add 1 to the product for a -divisor ; by which sum divide the sum to be discounted, and the quotient will be the present worth. Subtract the present worth from the principal or sum to be discounted, and the remainder will be the discount. Or, as the amount of £1...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - Arithmetic - 1832 - 538 pages
...by the time, add unity to the product for a divisor ; by which sum divide the sum to be discounted, and the quotient will be the present worth.* • Subtract the present worth from the principal, or sum to be discounted, and the remainder will be the discount. Or, аз the amount of...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - Arithmetic - 1822 - 562 pages
...the time, add unity to the product .for a divisor; by which sum divide the sum to be discounted, ami the quotient will be the present worth.* Subtract the present worth from the principal, or sum to be discounted, and the remainder will be the discount. Or, as the amount of jCl...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - Arithmetic - 1832 - 544 pages
...by the time, add unity to the product for a divisor : by which sum divide the sum to be discounted, and the quotient will be the present worth.* Subtract the present worth fiom the principal, or sum to be discounted, and the remainder will be the discount Or, as the amount...
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Complete Schoolmaster's Assistant: Being a Plain Comprehensive System of ...

Nathan Daboll - 1839 - 220 pages
...present worth.— Or by 2. Divide the given sum by the amount of $1, or £1, at the given rate and time, the quotient will be the present worth. Subtract the present worth from the given sum, and the remainder is the discount.* EXAMPLES. 1. What is the present worth of $132,50, due...
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Daboll's Complete Schoolmaster's Assistant Being a Plain Comprehensive ...

Nathan Daboll - Arithmetic - 1843 - 254 pages
...sum to the discount. 2. Divide the given sum by the amount of $1, or £i, at the given rate and time, the quotient will be the present worth. Subtract the present worth from the given sum, and the remainder is the discount.* EXAMPLES. 1. What is the present worth of $132,50, due...
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A New System of Arithmetic and Mathematics

James H. Porter - Arithmetic - 1845 - 252 pages
...the line, and the amount of one dollar for the given time and rate per cent on the left hand side, and the quotient will be the present worth. Subtract the present worth from the sum due, and you will obtain the discount. 1. What is the present worth of 600 dollars, due 4 years...
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Daboll's Complete Schoolmaster's Assistant: Being a Plain Comprehensive ...

Nathan Daboll, David Austin Daboll - Arithmetic - 1849 - 260 pages
...sum to the discount. 2 Divide the given sum by the amount of $1, or jGl, at the given rate and time, the quotient will be the present worth. Subtract the present worth from the given sum, and the remainder is the discount.* EXAMPLES. 1. What is the present worth of $132,50, due...
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A Theoretical and Practical Arithmetic: Designed for Common Schools and ...

Daniel Leach - Arithmetic - 1853 - 622 pages
...its discount for a given time, — RULE. Divide the sum by the amount of $1 for the rate and time, and the quotient will be the present worth. Subtract the present worth from the sum, and the remainder will be the discount. OBS. This rule may be expressed by the following formula...
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The Merchants', Students' and Clerks' Manual

James Robinson - Accounting - 1856 - 108 pages
...present worth. 3. Or divide the given sum or debt by the amount of $1.00 at the j*iven rate and time, the quotient will be the present worth. Subtract the present worth from the given sum or debt, the remainder will be the discount. 1. Purchased goods to the amount of $1224 on...
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