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 |
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Page iv
... interest , and exchange , that business students need something more than ... Interest , and the principles of Exchange and Balance of Trade are also fully explained , and , if found ... simple , annual , and compound inter- iv PREFACE .
... interest , and exchange , that business students need something more than ... Interest , and the principles of Exchange and Balance of Trade are also fully explained , and , if found ... simple , annual , and compound inter- iv PREFACE .
Page v
... simple , annual , and compound inter- est , and the operation of the different rules for finding the amount due on notes when " partial payments " have been made , are illustrated by diagrams . The treatment of annual interest is the ...
... simple , annual , and compound inter- est , and the operation of the different rules for finding the amount due on notes when " partial payments " have been made , are illustrated by diagrams . The treatment of annual interest is the ...
Page ix
... INTEREST .... 114 117 Simple Interest ... ... . . . Computation of Time in Interest .. PRESENT WORTH AND DISCOUNT .. ANNUAL INTEREST .... COMPOUND INTEREST .. PARTIAL PAYMENTS - Three Rules . Vermont Rule . 119 123 127 128 131 138 138 ...
... INTEREST .... 114 117 Simple Interest ... ... . . . Computation of Time in Interest .. PRESENT WORTH AND DISCOUNT .. ANNUAL INTEREST .... COMPOUND INTEREST .. PARTIAL PAYMENTS - Three Rules . Vermont Rule . 119 123 127 128 131 138 138 ...
Page 118
... INTEREST may be simple , annual , or compound . In simple interest the principal alone draws interest ; which as it accrues remains unchanged until ultimate payment . In ... SIMPLE INTEREST . ART . 92. Inasmuch as the interest 118 INTEREST .
... INTEREST may be simple , annual , or compound . In simple interest the principal alone draws interest ; which as it accrues remains unchanged until ultimate payment . In ... SIMPLE INTEREST . ART . 92. Inasmuch as the interest 118 INTEREST .
Page 119
... SIMPLE INTEREST . ART . 92. Inasmuch as the interest varies directly as the principal , rate per cent . , and time , these four terms bear such a relation to each other , that any three of them being given ... INTEREST . 119 Simple Interest.
... SIMPLE INTEREST . ART . 92. Inasmuch as the interest varies directly as the principal , rate per cent . , and time , these four terms bear such a relation to each other , that any three of them being given ... INTEREST . 119 Simple Interest.
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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.