 | Emerson Elbridge White - Arithmetic - 1870 - 350 pages
...of which interest is paid. 280. The Amount is the sum of the principal and interest. 281. The Kate of Interest is the number of hundredths of the principal paid for its use one year. 282. The rate of interest fixed by law is called the legal rate; and any rate of interest higher than... | |
 | Daniel W. Fish - 1874 - 320 pages
...is the sum for the use of which interest is paid. 386. The Rate of Interest is the rate per cent, or number of hundredths of the principal paid for its use one year. 387. Tfie Amount is the sum of the principal and the interest. 388. Legal Interest is the interest... | |
 | Daniel W. Fish - Arithmetic - 1875 - 350 pages
...is the sum for the use of which interest is paid. 403. The Rate of Interest is the rate per cent, or number of hundredths of the principal paid for its use one year. 404. Ttie Amount is the sum of the principal and the interest. 4O5. Legal Interest is the interest... | |
 | Horatio Nelson Robinson - Arithmetic - 1877 - 250 pages
...Principal is the sum for the use of which interest is paid. 277. The Rate of Interest is the per cent, or number of hundredths of the principal, paid for its use one year. 278. The Amount is the sum of the principal and the interest. 279. PRINCIPLE. — The interest is the... | |
 | William Frothingham Bradbury - Arithmetic - 1879 - 392 pages
...whose use interest is paid. 328. The Amount is the sum of the principal and interest. 329. The Bate is the number of hundredths of the principal paid for its use for a year, or other specified time. NOTE. When no time is specified a year is meant. 330. An example... | |
 | Henry Bartlett Maglathlin - Arithmetic - 1882 - 212 pages
...month? 23. 2 months ? 26. | of a month ? 29. -f$ of a month ? 24. 4 months ? 27. f of a month ? 30. 1-j^ months ? 265. Interest is money paid for the use of...268. The Amount is the sum of principal and interest. In computing interest, 12 months of 30 days each are a year. 269. WRITTEN EXERCISES. 1. What is the... | |
 | Encyclopedias and dictionaries - 1882 - 812 pages
...Principal is the sum for the use of which interest is paid. The Rate of Interest is the per cent., or number of hundredths of the principal, paid for its use one year. The Amount is the sum of the principal and the interest. PRINCIPLE. — The interest is the product... | |
 | Emerson Elbridge White - Arithmetic - 1883 - 374 pages
...which interest is paid. ART. 261. The Amount is the sum of the principal and the interest. ART. 262. The Rate of Interest is the number of hundredths of the principal paid for its use for one year. The rate of interest fixed by law is called the legal rate; and any rate of interest... | |
 | Emerson Elbridge White - Arithmetic - 1883 - 282 pages
...money for the use of which interest is paid. The Amount is the sum of principal and interest. The Bate of Interest is the number of hundredths of the principal paid for its use for one year. NOTE.— Eate of interest means either the rate per cent of the principal or the rate... | |
 | Emerson Elbridge White - Arithmetic - 1883 - 290 pages
...money for the use of which interest is paid. The Amount is the sum of principal and interest. The Bate of Interest is the number of hundredths of the principal paid for its use for one year. NOTE. — Rate of interest means either the rate per cent of the principal or the rate... | |
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The Rate of interest is the number of hundredths of the principal paid for its use one year. 
