 | Colin Macfarquhar, George Gleig - Encyclopedias and dictionaries - 1797 - 474 pages
...practical rules may be inferred from the foregoing oblervations. I. To calculate intereß at 5 per cent. " Multiply " the principal by the number, of days, and divide " the product by 7300." II. To calculate intereß at any other rate. " Find " what it comes to at 5 fier cent, and take... | |
 | Christopher Dubost - 1806 - 456 pages
...following proportion : 7300 : 57 :: 9125 : x. Whence the following general rule: to calculate intereft, multiply the principal by the number of days, and divide the product by 7300. 63875 45625 In order to facilitate the calculation of intereft, if the fum be partly fractional,... | |
 | James Noyes - Arithmetic - 1808 - 168 pages
...days, at 6 per cent. ?. Answer, 28dols. 87c. 5m* t RlTUE III. To find the interest of any sum for days. Multiply the principal by the number of days, and divide the . product by 7300, for 5 per cent, or by 6083, for & per: cent, and you will have the interest. EXAMPLES. 1. What... | |
 | Nathan Daboll - Arithmetic - 1815 - 250 pages
...interest for any number of days, less than a month, in Federal Money. RULE. Multiply the shillings in the principal by the number of days, and divide the product by 36, the quotient will be the interest in mills, for the given time, nearly, omitting fractious. EXAMPLE.... | |
 | George G. Carey - Arithmetic - 1818 - 602 pages
...17s. 6d. for 8 years, at 1 ; per cent ? CASE II. TO FIND THE INTEREST OF ANT SUM FOR DAYS. RULE. 1. Multiply the principal by the number of days, and divide the product by 7300, for the interest at 5 per cent ; and for any other rate, take a proportional part of the interest... | |
 | Nathan Daboll - Arithmetic - 1823 - 262 pages
...interest for any" number of days, less than a month, in Federal Money. RULE. Multiply the shillings in the principal by the number of days, and divide the product by 36. the quotient will be the 'interest in mills, for the gives time, nearly l omitting fractions. EXAMPLE.... | |
 | Samuel Temple - Arithmetic - 1825 - 118 pages
...VII. To find the interest of any sum, for any num. bcr of days, when the rate is 6 per cent. RULE. Multiply the principal by the number of days, and divide the product by 6o83 ; the quotient (when pointed off as directed in Division of Federal Money) will be the interest... | |
 | Nathan Daboll - Arithmetic - 1829 - 252 pages
...interest for any number of days, less than a month, in Federal Money. RULE. Multiply the shillings in the principal by the number of days, and divide the...product by 30, the quotient will be the interest in mills, for the given time, nearly, omitlin" fractions. EXAMPLE. Required the interest in Federal Money,... | |
 | William Kinne - Accounting - 1831 - 248 pages
...To find the interest of any sum for any number of days when the rate is 6 per cent. RULE.—Multiply the principal by the number of days* and divide the product by 6083 ; the quotient will be the interest required. * THE REASON OF THE RutE.—When the time is months,... | |
 | Frederick Emerson - Arithmetic - 1834 - 300 pages
...at 6 per cent. a year ? To compute interest by DAYS, when the rate is 6 per cent. per annum. RULE. Multiply the principal by the number of days, and divide the product by 6. The quotient is the interest in mills, when the principal consists of dollars only; but when there... | |
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Multiply the principal by the number of days, and divide the product by 6; then point off as in the preceding rule. 
