 The rate of interest is a certain number of hundredths of the principal paid for the use of the principal for one year.  Arithmetical Essentials... - Page 243by J Andrew Drushel (l872-), Margaret E. Noonan (joint author), John William Withers - 1921Full view - About this book
 | Joseph Ficklin - Arithmetic - 1881 - 406 pages
...for the use of money. 409. The Principal is the money, for the use of which interest is paid. 410. The Rate of Interest is the per cent, of the principal paid for its use one year. 411. The Amount is the sum of the principal and interest. 412. Legal Interest is... | |
 | Daniel W. Fish - Arithmetic - 1883 - 364 pages
...money, or ita equivalent. 288. The principal is the sum for the use of which interest is paid. 289. The rate of interest is the per cent, of the principal paid for its use one year, or some given interval of time. 290. The amount is the sum of the principal and interest.... | |
 | Daniel W. Fish - Arithmetic - 1883 - 348 pages
...money, or its equivalent. 288. The principal is the sum for the use of which interest is paid. 289. The rate of interest is the per cent, of the principal paid for its use one year, or some given interval of time. 290. The amount is the sum of the principal and interest.... | |
 | Edward Sylvester Ellis - Arithmetic - 1886 - 200 pages
...the use of money. ART. 170.—The Principal is the money for which interest is paid. ART. 177.—The Rate of Interest is the per cent, of the principal paid for its use for a year or month. ART. 178.—The Time is the period during which the money is on interest.... | |
 | Indiana. State Board of Education - 1886 - 360 pages
...the use of money. ART. 308.—The Principal is the money for which interest is paid. ART. 309.—The Rate of Interest is the per cent. of the principal paid for its use for a year, or month. ART. 310.—The Time is the period during which the money is on interest.... | |
 | Edward Sylvester Ellis - Arithmetic - 1889 - 370 pages
...the use of money. ART. 808. — The Principal is the money for which interest is paid. ART. 309. — The Rate of Interest is the per cent. of the principal paid for its use for a year, or month. ART. 310. — The Time is the period during which the money is on interest.... | |
 | Edward Sylvester Ellis - Arithmetic - 1889 - 196 pages
...the use of money. ART. 176. — The Principal is the money for which interest is paid. ART. 177. — The Rate of Interest is the per cent. of the principal paid for its use for a year or month. ART. 178. — The Time is the period during which the money is on interest.... | |
 | Gordon Augustus Southworth - Arithmetic - 1893 - 198 pages
...for which interest is paid is the Principal. 12. Mention the principal in Exercise 8. In Exercise 9. The rate of interest is the per cent of the principal paid for a year's use of it. 13. If I pay 5^ for the use of 100j¿ for a year, I pay — % interest. 14. What... | |
 | Gordon Augustus Southworth - Arithmetic - 1893 - 220 pages
...for which interest is paid is the Principal. 12. Mention the principal in Exercise 8. In Exercise 9. The rate of interest is the per cent of the principal paid for a year's use of it. 13. If I pay . 5^ for the use of 100^ for a year, I pay ~~. % interest. ORAL. 1.... | |
 | Horatio Nelson Robinson - Arithmetic - 1895 - 526 pages
...money. 614. Principal is the sum for the use of which interest is paid. 615. Rate Per Cent per annum or Rate of Interest is the per cent of the principal paid for its use for one year. NOTE. — The rate per cent is commonly expressed decimally as hundredths. 616.... | |
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