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" Interest is money paid for the use of money. The Principal is the sum of money which is loaned. "
A Mental Arithmetic, on the Inductive Plan: Being an Advanced Intellectual ... - Page 120
by Benjamin Greenleaf - 1874 - 178 pages
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The Common School Arithmetic: Combining Analysis and Synthesis; Adapted to ...

James Stewart Eaton - 1862 - 320 pages
...increase of 20 per cent, on the population of 1850; what was the population in 1850 ? INTEREST. 330. INTEREST is money paid for the use of money. The PRINCIPAL is the sum for which interest is paid. The AMOUNT is the sum of the principal and interest. 2<$O. An example in...
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The Common School Arithmetic: Combining Analysis and Synthesis ; Adapted to ...

James Stewart Eaton - Arithmetic - 1864 - 322 pages
...increase of 20 per cent, on the population of 1850 ; what was the population in 1850 ? INTEREST. 229. INTEREST is money paid for the use of money. The PRINCIPAL is the sum for which interest is paid. The AMOUNT is the sum of the principal and interest. 230. An example in...
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The Elements of Written Arithmetic: Combining Analysis and Synthesis ...

James Stewart Eaton - Arithmetic - 1868 - 200 pages
...which was 12 J per cent of his whole flock. How many sheep had he in all ? Ans. 448. INTEREST. 193. INTEREST is money paid for the use of money. The PRINCIPAL is the sum for which interest is paid. The AMOUNT is the sum of the principal and interest. 194. An example in...
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An Intermediate Arithmetic: Uniting Mental and Written Exercises in a ...

Emerson Elbridge White - Arithmetic - 1876 - 236 pages
...lot of silk invoiced at $32600: what was the duty, at 37£%? LESSON VII. Simple Interest. Art. 148. Interest is money paid for the use of money. The Principal is the sum of money for the use of which interest is paid. The Amount is the sum of the principal and the interest. Art. 149....
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Ray's New Intellectual Arithmetic

Joseph Ray - Mental arithmetic - 1877 - 160 pages
...the house, 1 per cent on the furniture, and $1.50 for the policy: how much did he pay? LESSON LXXII. Interest is money paid for the use of money. The Principal is the sum of money which is loaned. The Amount is the principal and interest added together. 1. What is the interest of...
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A Mental Arithmetic, on the Inductive Plan: Being an Advanced IntellectuaL ...

Benjamin Greenleaf - Arithmetic - 1879 - 190 pages
...what he had at the beginning of the year ; how much more has he then than when he began ? LESSON XLIIL INTEREST is money paid for the use of money. The PRINCIPAL...100 for 1 year, 6 cents for the use of 100 cents, or $1, and so on; or that the interest for 1 year is equal to Tf ff of the principal. 1. What is the interest...
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Intellectual Arithmetic by Induction and Analysis ...

Joseph Ray - Arithmetic - 1881 - 174 pages
...50 per cent, of 120, is 10 less than 20 per cent, of what ? LESSON IV.— INTEREST. EXPLANATION. — Interest is money paid for the use of money. The Principal is the sum of money which is loaned. The Amount is the principal and interest added together. The Rate Per Cent, is so...
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A New Elementary Arithmetic: Uniting Oral and Written Exercises

Emerson Elbridge White - Arithmetic - 1883 - 282 pages
...for 1 yr. 4 mo. at 6% ? At 10% ? 29. $240 for 1 ino. at 12% ? At 5% ? At 8% ? DEFINITIONS. ART. 143. Interest is money paid for the use of money. The Principal is the money for the use of which interest is paid. The Amount is the sum of principal and interest. The Bate...
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Ray's Arithmetic: intellectual arithmetic, by induction and analysis. second ...

Joseph Ray - 1886 - 172 pages
...50 per cent. of 120, is 10 less than 20 per cent. of what ? LESSON IV.— INTEREST. EXPLANATION. — Interest is money paid for the use of money. The Principal is the sum of money which is loaned. The Amount is the principal and interest added together. The lt'll.*' Per Cent. is...
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College Algebra: For the Use of Academies, Colleges, and Scientific Schools ...

Edward Albert Bowser - Algebra - 1888 - 868 pages
...Simple Interest. — To find the interest and amount of a given sum in a given time at simple interest. Interest is money paid for the use of money. The Principal is the sum lent. The Amount is the sum of the Principal and Interest at the end of the time. When interest is...
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