Bryant and Stratton's Commercial Arithmetic, in Two Parts: Designed for the Counting Room, Commercial and Agricultural Colleges, Normal and High Schools, Academies, and UniversitiesOakley and Mason, 1869 - Business mathematics |
From inside the book
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Page ix
... PROMISSORY NOTES . 181 NEGOTIABLE PAPER . 182 Liability of Parties connected with Negotiable Paper . 183 PRESENTMENT , Protest , and NOTICE .... 185 DAYS OF GRACE AND TIME OF MATURITY . 186 DISCOUNTING NOTES ... 188 PAGE BANK DISCOUNT ...
... PROMISSORY NOTES . 181 NEGOTIABLE PAPER . 182 Liability of Parties connected with Negotiable Paper . 183 PRESENTMENT , Protest , and NOTICE .... 185 DAYS OF GRACE AND TIME OF MATURITY . 186 DISCOUNTING NOTES ... 188 PAGE BANK DISCOUNT ...
Page 163
... notes , are called " brokers " or " money brokers . " EXCHANGE . ART . 118 ... promissory note , this evidence of credit with the holder may he transferred ... promissory note , he may use those which he himself has received in the same ...
... notes , are called " brokers " or " money brokers . " EXCHANGE . ART . 118 ... promissory note , this evidence of credit with the holder may he transferred ... promissory note , he may use those which he himself has received in the same ...
Page 181
... PROMISSORY NOTES . ART . 127. A promissory note is a written agreement by one party to pay to another a specified sum at a specified time . The one making the agreement or signing the note is called the maker . The person to whom the ...
... PROMISSORY NOTES . ART . 127. A promissory note is a written agreement by one party to pay to another a specified sum at a specified time . The one making the agreement or signing the note is called the maker . The person to whom the ...
Page 182
... notes , checks , certificates of deposit , bills of exchange , and promissory notes , when properly drawn , are negotiable , except when made payable by the terms of the contract , to one person only . If the amount is payable to ...
... notes , checks , certificates of deposit , bills of exchange , and promissory notes , when properly drawn , are negotiable , except when made payable by the terms of the contract , to one person only . If the amount is payable to ...
Page 184
... promissory note , in which case the drawer sustains practi- cally the position of first indorser , in case of non - payment on the part of the acceptor . The liability of indorsers on bills is the same as of those on promissory notes ...
... promissory note , in which case the drawer sustains practi- cally the position of first indorser , in case of non - payment on the part of the acceptor . The liability of indorsers on bills is the same as of those on promissory notes ...
Contents
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Other editions - View all
Bryant and Stratton's Commercial Arithmetic in Two Parts Emerson Elbridge White No preview available - 2019 |
Common terms and phrases
25 per cent amount due annual interest annuity annum avoirdupois balance bank banker bbls bills bought bushels called cantaro capital carats Cash coin Cologne mark compound interest computed cost cube currency debt denominator discount Divide dividend divisor dollar draw interest equal equated Examples Exchange on London feet figures fraction gain or loss gallons galls given number gold greatest common divisor Hence improper fraction indorsers invested July July 15 least common multiple liabilities marked price maturity merchant money of account months Multiply number of days paid partners payable payment pound pound sterling premium present worth profit promissory notes purchase quotient rate of interest rate per cent ratio received Reduce RULE RULE.-Multiply selling semi-annually silver simple interest sold Spanish dollars sterling terest thaler United usury wheat whole number yard York
Popular passages
Page 139 - The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due.
Page 203 - No corporation shall hereafter, interpose the defense of usury in any action. The term corporation, as used in this section, shall be construed to include all associations, and joint-stock companies having any of the powers and privileges of corporations not possessed by individuals or partnerships.
Page 310 - LIQUID MEASURE 4 gills (gi.) = 1 pint (pt.) 2 pints = 1 quart (qt...
Page 220 - Multiply the amount of the smaller side by the number of days between the two average dates, and divide the product by the balance of the account. The quotient will be the time...
Page 27 - TABLE. 10 Mills (m.) = 1 Cent . . ct. 10 Cents = 1 Dime . . d. 10 Dimes = 1 Dollar . $. 10 Dollars = 1 Eagle . E.
Page 62 - 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 62 - 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 204 - ... 8 months ; what is the equated time for the payment of the whole ? Ans.
Page 309 - Cubic Measure 1728 cubic inches (cu. in.) =1 cubic foot (cu. ft.) 27 cubic feet = 1 cubic yard (cu. yd.) 128 cubic feet = 1 cord (cd...
Page 238 - Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient will be the average term of credit.