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" The present worth of any sum, due some time hence, is such a sum, as, if put to interest, would in that time, and at the rate per cent. for which the discount is to be made, amount to the sum or debt then due. "
A New and Complete System of Arithmetick: Composed for the Use of the ... - Page 273
by Nicolas Pike - 1822 - 532 pages
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A Short Practical Treatise of Arithmetic

R. Barnes - Arithmetic - 1793 - 162 pages
...Required the Purchafe ot 900l. South tica SIO>.K at bj ^ per Cent. 1 3 DISCOUNT. D'ISCOUNT or Rebate is an Allowance made for the Payment of any Sum of Money before it becomes due: and the prefent worth of any Sum or Debt, is fuchaSum as if put to Iinereft for the Time, and at the Rate...
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Arithmetical questions, on a new plan: a suppl. to Introduction to arithmetic

William Butler - 1795 - 242 pages
...Anf. £588 §s. No. 305. No. 305. DISCOUNT. Difcount is an allowance made for the payment ot any fum of money before it becomes due ; and is the difference between that fum due fome time hence, and its prefent worth. The prefent worth of any fum of money, or debt, due...
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Mathematics: Compiled from the Best Authors and Intended to be the ..., Volume 1

Mathematics - 1801 - 446 pages
...i Ans. 96!. 15s. 3. What is the insurance of 1200!. at 7^- per cent. ? , Ans. 91!. i os. DISCOUNT. DISCOUNT is an allowance made for the payment of,...sum due some time hence, and its present worth. The The present worth of any sum, or debt, due some time hence is such a sum, as, if put to interest, would...
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The New Complete System of Arithmetic: Composed for the Use of the Citizens ...

Nicolas Pike - Arithmetic - 1802 - 350 pages
...aad from the fum deducting the payment, £c. DISCOUNT Is an allowance made for the payment of any fum of money, before it becomes due, and is the difference between that fum, due fome time hence, and its prefent worth. The prefent worth of any fum, or debt, due fome time...
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The Scholar's Arithmetic; Or, Federal Accountant ...: The Whole in a Form ...

Daniel Adams - Arithmetic - 1807 - 248 pages
...s/icnris 175 dollars, Sc £ ZQSfier ann. .•4» SECT. III. 11. DISCOUNT. 203 r §' n* «Discount. DISCOUNT is an allowance made for the payment of any sum of money before ii becomes due, and is the difference between that sum, due sometime hence, anfl its present worth....
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Mathematics: Compiled from the Best Authors, and Intended to be ..., Volume 1

Samuel Webber - Mathematics - 1808 - 466 pages
...15s. > 3. \Vhat is the insurance of 12001. at 7| per cent. ? Ans. 911. 10s. DISCOUNT. DISC0UNT is .in allowance, made for the payment of any sum of money...that sum, due some time hence, and its present worth. 9*** The present worth of any sum, or debt, due some time hence, is such a sum, as, if put to interest,...
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The Federal Arithmetic; Or, A Compendium of the Most Useful Rules of that ...

James Noyes - Arithmetic - 1808 - 168 pages
...54,10O Balance 142^039 :1 year & 243 days int. 14,1 96 1Г96, May -10. -Due to JC 156^3« Discount. Discount is an allowance made for the payment of any sum of money before it becomes due, an* is the difference between that sum, due sometime hence, and its present worth. RULE. As the amount...
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Carleton's Compendium of Practical Arithmetic: Applied to the Federal and ...

Osgood Carleton - Arithmetic - 1810 - 264 pages
...general-method of slating the Ride of Proßortiont Biscount.is an allowance rru»de for the payment of u sum of money before it becomes due, and is the difference between the sum clue, at a time to come, being specified and the snitt which ought to be paid at the present...
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Arithmetical Questions on a New Plan: Intended to Answer the Double Purpose ...

William Butler - Arithmetic - 1811 - 548 pages
...Anf. £60 and £9>o. No. 577. DISCOUNT. — Difcount is an allowance made for the payment of any fum of money before it becomes due ; and is the difference between that fum due fome time hence, and its prefent worth. The prefent worth of any fum of money, or debt, due...
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A System of Arithmetic: Reprinted from the Mathematical Text-book

Samuel Webber - Arithmetic - 1812 - 260 pages
...Ans. 961. 15s,. S. What is the insurance of 12001. at 7{ per cent. ? Ans. 911. 10g. DISCOUNT. DISC0UNT is an allowance, made for the payment of any sum of...due ; and is the difference between that sum, due sometime hence, and its present worth. The present tvarth of any sum, or debt, due some time hence,...
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