Interest, Discount, EtcB.B. Mussey & Company, 1854 |
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Common terms and phrases
25 per cent 2d Solution 30 days 50 cents 9 mo A's stock acre Albert Simmons April 13 April 27 April 30 arithmetic asking price bank discount barrel cash cent interest cent to gain cent will amount charged a commission collected the amount computed cost days to gain debts due deducted entire debt EQUATION OF PAYMENTS flour gain by selling gain int gain or lose gallon given hence hundred dollars interest of $200 July July 18 July 23 June 11 lose int March March 25 Mdse method money being worth money received note became due note payable number of days owes par value pay interest present worth principal on interest promise to pay put the money Received one hundred Received two hundred reckoned School Sept Steps in Numbers sum due Sundries,3 mo Sundries,6 traded in company transaction value received vulgar fraction yard
Popular passages
Page 65 - ... 3 per cent. ? 4£ per cent. ? 5 per cent. ? 6 per cent. ? 7 per cent. ? 7£ per cent. ? 8 per cent.? 9 per cent. ? 10 per cent.
Page 7 - ... agreement of the parties, interest may be charged at the rate of 8 per cent per annum in Florida, Mississippi, and Louisiana ; at the rate of 10 per cent in Arkansas, Illinois, Michigan, Iowa, and Ohio ;. at the rate of 12 per cent in Wisconsin and Texas ; and at the rate of 18 per cent in California.
Page 76 - By selling flour at $6.65 per barrel, I shall lose 5 per cent of its cost. For how much per barrel must I sell it to gain 5 per cent ? Suggestion.