## The Commercial Arithmetic: A Practical Text-book for Business Colleges, High Schools and Academies |

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### Contents

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The Commercial Arithmetic: A Practical Text-Book for Business Colleges, High ... Warren H. Sadler No preview available - 2016 |

### Common terms and phrases

acres allowed amount annum average balance bank barrel base bill bought brokerage bushels called capital cash cents charges commission common compound contains cost debt decimal denomination deposit difference discount divide dividend divisor dollars draft equal equated EXAMPLES FOR PRACTICE exchange expenses Explanation express face factor feet figure firm fraction gain gallons given greater gross Hence hundred ILLUSTRATIVE EXAMPLE interest investment July June less loss marked measure merchant miles months Multiply obtaining paid payable payment percentage person pounds premium principal proceeds profit proportion purchase quantity quotient received Reduce remainder result Rule selling Sept shares sold Solution storage subtract term units wide worth 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.