 IS when the interest is added to the principal, at the end of the year', and on that amount the interest cast for another year, and added again, and so on : this is called Interest upon Interest.  The Pilot Arithmetics - Page 751924Full view - About this book
 | Roswell Chamberlain Smith - 1814 - 300 pages
...the Answer. This mode of computing interest, although strictly just, il not authorial* by law. '» Q. When the interest is added to the principal, at the end of 1 yeer, and on this amount the interest calculated Tor another year, and mo on, what is it called ?... | |
 | Nathan Daboll - Arithmetic - 1815 - 250 pages
...which he lent him. See a better Rule in Simple Interest by decimals, page 175. 'COMPOUND INTEREST, IS when the interest is added to the principal, at the end of the year, and on that amount the interest cast for anoth er year, aud added again, and so on : this... | |
 | Nathan Daboll - Arithmetic - 1818 - 246 pages
...•which he lent him. See a better Rule in Simple Inter* «pt by Decimals, page 175* COMPOUND INTEREST, IS when the interest is added to the principal, at the end' of the year, and on that amount the interest cast for another year, and added again, and so on : this... | |
 | Nathan Daboll - Arithmetic - 1829 - 252 pages
...which he lent him. See a better Rule in Simple Interest by decimals, page 175. Cj COMPOUND INTEREST, IS when the interest is added to the principal, at the end of the year, and on that amont the interest cast for another year, and added again, and so on : this is... | |
 | Roswell Chamberlain Smith - Arithmetic - 1831 - 288 pages
...= 501,30, tho amount for 2 years ; hence, $561,80— $500=9*1,80, compound ia/«mrf, the Answer. Q. When the. interest is added to the principal, at the end of I year, mid on this amount the interest calculated for another year, and so on, what is it called ?... | |
 | Mathematics - 1836 - 488 pages
...direct, or by allowing 30 days to the month and taking aliquot parts of the same. Compound interest is when the interest is added to the principal at the end of the year, and on that amount the interest cast for another year, and added again, and so on; this is... | |
 | Nathan Daboll - 1839 - 220 pages
...Ans. $455,57, COMPOUND . INTEREST Is that which arises both from the principal and interest f that is, when the interest is added to the principal at the end of the year, and on that amount the interest cast for another year and added as before ; and so on for... | |
 | Roswell Chamberlain Smith - Accounting - 1841 - 306 pages
...Interest, the Answer. This mode of computing interest, although strictly just, is not authorized by law. Q. When the interest is added to the principal, at the end of I yeer, ams, on this amount the interest caleulated for another year, and v on, what is it called ?... | |
 | Nathan Daboll - Arithmetic - 1843 - 254 pages
...Ans. $455,57, COMPOUND INTEREST Is that which arises both from the principal and interest ; that is, when the interest is added to the principal at the end of the year, and on that amount the interest cast for another year and added as before ; and so on for... | |
 | Nathan Daboll, David Austin Daboll - Arithmetic - 1849 - 260 pages
...Ans. $455,57. COMPOUND INTEREST Is that which arises both from the principal and interest ; that is, when the interest is added to the principal at the end of the year, and on that amount the interest cast for another year and added as before ; and so on for... | |
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