 | Charles Guilford Burnham - Arithmetic - 1837 - 266 pages
...of $106 due a year hence. From the above we derive the following RULE : To find the Present Worth. DIVIDE the given sum by the amount of $1 for the given time, and the quotient will be the present worth. The present wort h subtracted from the debt, will leave... | |
 | Benjamin Greenleaf - Arithmetic - 1839 - 356 pages
...number of times $12.72 will contain $1.06. From the above illustrations we deduce the following RULE. Divide the given sum by the amount of $1. for the given rate and time; and the quotient will be the present worth. If the present worth be subtracted from... | |
 | Charles Guilford Burnham - Arithmetic - 1841 - 324 pages
...worth of $106 due a year hence. From the above we derive the following RULE: To find the present worth. Divide the given sum by the amount of $1 for the given time, and the quotient will be the present worth. The present worth, subtracted from the debt, will leave... | |
 | Benjamin Greenleaf - Arithmetic - 1841 - 334 pages
...number of times $12.72 will contain $1.06. From the above illustrations we deduce the following RULE. Divide the given sum by the amount of $1. for the given rate and time ; and the quotient will be the present worth. If the present worth be subtracted from... | |
 | Benjamin Greenleaf - Arithmetic - 1844 - 204 pages
...1.06)25.44($24Ans. 100 212 106)2544($24Ans. 212 424 424 From the above illustration, we deduce the following RULE. Divide the given sum by the amount of $1 for the given rate and time, and the quotient will be the present worth. Or, multiply the given sum by 100, and divide... | |
 | Benjamin Greenleaf - Arithmetic - 1848 - 204 pages
...SECOND METHOD. 25.44 1.0 6) 2 5.4 4 ($2 4 Ans. 1 00 212 106)2544(824 Ans. 424 212 424 424 424 RULE. ' Divide the given sum by the amount of $1 for the given rate and time, and the quotient will be the present worth. Or, multiply the given sum by 100, and divide... | |
 | Charles Guilford Burnham - 1850 - 350 pages
...year hence. From the above we derive the following RULE. Art. 218i — To find the present worth — Divide the given sum by the amount of $1 for the given time, and the quotient will be the PRESENT WORTH. The present worth, subtracted from the debt, will leave... | |
 | Horace Mann - 1851 - 384 pages
...compound interest, of $200 for 15yr. ? $1 in 15yr. at 7 per cent. amounts to 2.759031, and 2.759031 x $200 = $551.8062. II. To compute compound discount,...sum by the amount of $1 for the given time. EXAMPLE. — Whemnoney is worth 5 per cent. compound interest, what is the present worth of $5000 due in 19yr.... | |
 | Horace Mann, Pliny Earle Chase, Phiny Earie Chase - Arithmetic - 1857 - 394 pages
...$200 for 15yr. ? $1 in 15yr. at 7 per cent, amounts to 2.759031, and 2.759031 x $200 = $551. 8062. II. To compute compound discount, or to find the present...would amount in 19yr. 4mo. 24dy. to $2.577489, and $5000 -*- 2.577489 = $1939.87. III. To find the time in which any principal will amount to a given... | |
 | Horace Mann, Pliny Earle Chase - Arithmetic - 1857 - 388 pages
...for a number of years. (See Table L, p. 293.) I. To find the amount of any sum by the Table, multiply the given sum by the amount of $1 for the given time. EXAMPLE. What will be the amount, at 7 per cent. compound interest, of $200 for 15yr. ? $1 in 15yr. at 7 per... | |
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RULE. — Divide the given sum by the amount of $1 for the given time and rate, and the quotient will be the present worth, and the remainder will be the discount. 
