The Packard Commercial Arithmetic
S.S. Packard, 1882 - Business mathematics - 204 pages
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The Packard Commercial Arithmetic
Silas Sadler Packard,Byron Barnes Horton
No preview available - 2016
Common terms and phrases
30 days accurate allowed amount assumed average balance bank banker bill bill of exchange bought bushel called Cash cent charges commission common containing cost cubic decimal denominator difference discount divide divisor dollar draft drawn equal equivalent EXAMPLES exchange expressed face factors feet fraction francs gain given gold greater hundredths interest July June less London loss marks maturity measure merchandise merchant meters method months Multiply number of days OPERATION paid payable payment pence Percentage person pounds premium principal proceeds profit purchased quotient received Reduce remainder result rule selling Sept settlement shillings sight sold square subtract TABLE term United usually weight worth Write yard York
Page 30 - Reduce the fractions to a common denominator and divide the numerator of the dividend by the numerator of the divisor.
Page 63 - ... shall be received at par in all parts of the United States in payment of taxes, excises, public lands, and all other dues to the United States, except for duties on imports; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations within the United States, except interest on the public debt, and in redemption of the national currency.
Page 51 - ... 12 inches (in.) = 1 foot (ft.). 3 feet = 1 yard (yd.). 5J yards = 1 rod (rd.).
Page 159 - But if any payment be made before one year's interest hath accrued, then compute the interest on the principal sum due on the obligation for one year, add it to the principal, and compute the interest on the sum paid, from the time it was paid, up to the end of the year : add it to the sum paid, and deduct that sum from the principal and interest added as above...
Page 53 - The public lands shall be divided by north ***' and south lines run according to the true meridian, and by others crossing them at right angles, so as to form townships of six miles square...
Page 5 - Divide the greater number by the less, the divisor by the remainder, and thus continue to divide the last divisor by the last remainder until there is no remainder ; the last divisor will be the greatest common divisor.
Page 44 - To multiply a decimal by 10, 100, 1000, &c., remove the decimal point as many places to the right as there are ciphers in the multiplier ; and if there be not places enough in the number, annex ciphers.
Page 45 - 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 62 - ... date of coinage, and at a ratable proportion for any period less than twenty years, shall be received at their nominal value by the United States Treasury and its offices, under such regulations as the Secretary of the Treasury may prescribe for the protection of the Government against fraudulent abrasion or other practices...
Page 159 - ... Compute the interest to the time of the first payment ; if that be one year or more from the time the interest commenced, add it to the principal, and deduct the payment from the sum total. If there be after payments made, compute the interest on the balance due to the next payment, and then deduct the payment as above ; and, in like manner, from one payment to another, till all the payments are absorbed; provided the time between one payment and another be one year or more.