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" 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. "
The Federal Arithmetic: Or, a Compendium of the Most Useful Rules of that ... - Page 109
by James Noyes - 1808 - 152 pages
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The Most General School-assistant: Containing, a Complete System of ...

Gilbert Dyer - Arithmetic - 1770 - 191 pages
...Debtor or Creditor. --,'-•; , '• ,f. • 139. The tommon Rule is, Multiply each Sum of Money into the Time at which it is due, and divide the Sum of the Products by the whole Debt, for the * equated Time required. • • it ii -*•'-. '•• i_ • .. •• •-*•....
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Mathematics: Compiled from the Best Authors and Intended to be the ..., Volume 1

Mathematics - 1801 - 426 pages
...shall be sustained by either party. RULE.* Multiply each payment by die time, at which it is due ; then divide the sum of the products by the sum of the payments; and the quotient will_be the time required. EXAMPLES. * This rule is founded upon a supposition, that...
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The Scholar's Arithmetic; Or, Federal Accountant ...: The Whole in a Form ...

Daniel Adams - Arithmetic - 1807 - 246 pages
...time to pay at once, several debts due at different times so that neither party shall sustain loss. RULE. MULTIPLY each payment by the time at which it is due ; then divide the sum of the products by the sum of the payments, and the quAtÀM&TWA,4 equated time....
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The American Tutor's Guide: Being a Compendium of Arithmetic. In Six Parts ...

James Thompson - Arithmetic - 1808 - 172 pages
...the whole debt to do wflich the following is the common RULE — Multiply each payment by its time, and divide the sum of the products by the sum of the. payments ; the quoticut will be the equated tint«. EXAMPLES. 1. A. owes B. g600 to pay at 40 days, g200 at 60 days,...
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Adams's New Arithmetic: Arithmetic, in which the Principles of Operating by ...

Daniel Adams - Arithmetic - 1810 - 180 pages
...find the mean time for several payments, — RUt.E : — Multiply each sum by its time of payment, and divide the sum of the products by the sum of the payments, and the quotient will be the answer. Note. This rale is founded on the supposition, that what is gained...
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A System of Practical Arithmetic: Applicable to the Present State of Trade ...

Jeremiah Joyce - Arithmetic - 1812 - 276 pages
...loss either to the holder or receiver. "Rtit'E. Multiply each payment by the time at which it becomes due, and divide the sum of the products by the sum •of the payments, and the quotient will be the medium time required. Ex. 1. I have to receive £967 in notes, as 'follow;...
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A New and Complete System of Arithmetic: Intended for the Use of Schools and ...

Caleb Alexander - Arithmetic - 1813 - 144 pages
...times, нге reduced to one propertional pay« ment, so that no loss may be sustained by either party. RULE. Multiply each payment by the time at which it is due, and'divide the sum of the products by the sum of the payments ; the quotient will be the 'equated time...
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Pantologia. A new (cabinet) cyclopædia, by J.M. Good, O. Gregory ..., Volume 4

John Mason Good - 1819 - 820 pages
...différent times, so that no loss shall be sustained by either party. '1 he rule commonly given is, lo multiply each payment by the time at which it is due;...the sum of the products by the sum of the payments, for the time required. But this rule is not accurate, as was first »liown, we believe, by Mr. Malcolm,...
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The Complete Practical Arithmetician: Containing Several New and Useful ...

Thomas Keith - Arithmetic - 1822 - 332 pages
...each be reduced to the same denomination. Then, multiply each payment by the time at which it becomes due ; and divide the sum of the products by the sum of the payments, the quotient will be the time required. Note 1. As this Rule of Equation of Payments has been the occasion of more disputes...
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Conversations on Arithmetic, with Demonstrations to Each Rule

Leonard Peirce - Arithmetic - 1823 - 156 pages
...by which payments are generally equated. Multiply each payment by the time at which it is due ; then divide the sum of the products by the sum of the payments, and the quotient will be the time required. * This rule is founded on the supposition, that the snm...
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