 | Hoy D. Orton, Warren H. Sadler - Business mathematics - 1888 - 342 pages
...the practical calculations of interest, the author refers to other portions of this work. The Hate of Interest is the price paid for the use of one dollar. Tlie Amount is the principal with the accrued interest added. As in Percentage there are five facts... | |
 | Hoy D. Orton - Business mathematics - 1889 - 344 pages
...understanding of the practical calculations of interest, the author refers to other portions of this work. The Rate of Interest is the price paid for the use...considered, viz. : Principal, Rate per annum, Interest, Time arid Amount. APPLICATION OF PERCENTAGE. The Principal is treated as the Base. The Rate, or price paid... | |
 | Hoy D. Orton - 1890 - 342 pages
...hy law. NOTE.—See pages 297-298. The Principal is the sum in use and upoo which interest is paid. The Rate of Interest is the price paid for the use...(interest added. As in Percentage there are five facts to he considered, viz.: Principal, Rate per annum, Interest, Time and Amount. APPLICATION OF PERCENTAGE.... | |
 | James Sherman Hunter - Arithmetic - 1902 - 414 pages
...understanding of the practical calculations of interest, the anthor refers to other portions of this work. The Rate of Interest is the price paid for the use...Base. The Rate, or price paid per annum, is treated as the Rate. The Interest is treated as the Percentage. The Principal and Interest is treated as the... | |
 | David Friday - Prices - 1921 - 272 pages
...sharply as a result of the war in Europe seemed to have the support of logic and historical precedent. The rate of interest is the price paid for the use of capital. Being a price it is governed by supply and demand upon the money market. Previous to 1914... | |
 | George Evan Roberts - Economics - 1923 - 88 pages
...Interest the Price for the Use of Capital The nature of interest is most illuminated by the statement that the rate of interest is the price paid for the use of capital. With interest at 5 per cent, for example, $5 is the price paid for the use of $100 worth of... | |
 | United States. Congress. House. Select Committee on Small Business - 1960 - 108 pages
...in itself an economic good. Rather, it is a means of producing or purchasing other economic goods. The rate of interest is the price paid for the use of borrowed money, and the borrowed money itself is a generalized form of purchasing power. Also, the... | |
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The Rate of Interest is the price paid for the use of one dollar. The Amount is the principal with the accrued interest added. As in Percentage there are five facts to be considered, viz. : Principal, Rate per annum, Interest, Time and Amount. APPLICATION... 