## The Commercial Arithmetic: A Practical Text-book for Business Colleges, High Schools and AcademiesW.H. Sadler, 1888 |

### Common terms and phrases

60 days accrued interest acres addends amount average balance due barrel bought brokerage bushels cash cents per pound charges common fraction compound interest denominator deposit divide dividend divisor dollars draft drayage equated date EXAMPLES FOR PRACTICE find the interest focal date fraction gain gallons greatest common divisor gross cost gross proceeds Hence ILLUSTRATIVE EXAMPLE Income per share indorsement integers investment invoice Java coffee July July 18 June June 15 least common multiple loss marked price market value maturity minuend months Multiply number of days obtaining paid par value payable payment premium prime cost principal profit purchase quantity quotient rate of commission rate per annum rate per cent received remainder Rule.-I selling price Sept shares Solution subtract subtrahend units wheat yard

### Popular passages

Page 107 - SQUARE MEASURE 144 square inches (sq. in.) = 1 square foot (sq. ft.) 9 square feet — 1 square yard (sq. yd.) 30^ square yards = 1 square rod (sq. rd.) 160 square rods = 1 acre (A.) 640 acres = 1 square mile (sq.

Page 41 - The Greatest Common Divisor of two or more numbers is the greatest number that will exactly divide each of them. Thu4, 18 is the greatest, common divisor of 36 and 54, since it is the greatest number that will divide each of them without a remainder.

Page 148 - RULE. — Multiply the length (in feet) by the width (in inches) and divide the product by 12 — the result will be the contents in square feet.

Page 228 - ... incorporated institution for the issue, custody, or loaning of money, for discounting commercial paper, and for facilitating the transmission of money from one place to another by means of checks, drafts, or bills of exchange. REM.— Many, banks perform only a part of the functions enumerated above. 276. Bank Discount is a deduction made from the sum due upon a note at maturity for cashing or buying such note before maturity. This deduction is the simple interest of the sum due at maturity,...

Page 11 - ... one two three four five six seven eight nine ten eleven twelve thirteen fourteen fifteen sixteen seventeen eighteen nineteen twenty thirty forty fifty sixty seventy eighty ninety one hundred two hundred three hundred four hundred five hundred...

Page 85 - When a decimal number is to be divided by 10, 100, 1000, &c., remove the decimal point as many places to the left as there are ciphers in the divisor, and if there be not figures enough in the number, prefix ciphers.

Page 84 - Divide as in whole numbers, and point off as many figures for decimals in the quotient as the number of decimal places in the dividend exceeds the number in the divisor.

Page 250 - A Bond is an obligation to pay a certain sum of money at a specified time, with interest at a fixed rate % payable at regular intervals. REM. 1. — Bonds are issued for money borrowed by the General Government, States, counties, cities, and business corporations.

Page 82 - Place the subtrahend under the minuend, so that the decimal points will be directly under each other. Subtract as in whole numbers, and place the decimal point in the remainder directly under the decimal points above.

Page 108 - CUBIC MEASURE 1728 cubic inches (cu. in.) = 1 cubic foot (cu. ft.) 27 cubic feet = 1 cubic yard (cu.