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" The present worth of any sum, due some time hence, is such a sum, as, if put to interest, would in that time, and at the rate per cent. for which the discount is to be made, amount to the sum or debt then due. "
A New and Complete System of Arithmetick: Composed for the Use of the ... - Page 275
by Nicolas Pike - 1832 - 528 pages
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Arithmetical questions, on a new plan: a suppl. to Introduction to arithmetic

William Butler - 1795 - 242 pages
...Anf. £588 §s. No. 305. No. 305. DISCOUNT. Difcount is an allowance made for the payment ot any fum of money before it becomes due ; and is the difference between that fum due fome time hence, and its prefent worth. The prefent worth of any fum of money, or debt, due...
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Mathematics: Compiled from the Best Authors and Intended to be the ..., Volume 1

Mathematics - 1801 - 446 pages
...insurance of 1200!. at 7^- per cent. ? , Ans. 91!. i os. DISCOUNT. DISCOUNT is an allowance made for the payment of, any sum of money before it becomes due...sum due some time hence, and its present worth. The The present worth of any sum, or debt, due some time hence is such a sum, as, if put to interest, would...
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The New Complete System of Arithmetic: Composed for the Use of the Citizens ...

Nicolas Pike - Arithmetic - 1802 - 350 pages
...aad from the fum deducting the payment, £c. DISCOUNT Is an allowance made for the payment of any fum of money, before it becomes due, and is the difference between that fum, due fome time hence, and its prefent worth. The prefent worth of any fum, or debt, due fome time...
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Mathematics: Compiled from the Best Authors, and Intended to be ..., Volume 1

Samuel Webber - Mathematics - 1808 - 466 pages
...insurance of 12001. at 7| per cent. ? Ans. 911. 10s. DISCOUNT. DISC0UNT is .in allowance, made for the payment of any sum of money before it becomes due...that sum, due some time hence, and its present worth. 9*** The present worth of any sum, or debt, due some time hence, is such a sum, as, if put to interest,...
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Carleton's Compendium of Practical Arithmetic: Applied to the Federal and ...

Osgood Carleton - Arithmetic - 1810 - 264 pages
...general-method of slating the Ride of Proßortiont Biscount.is an allowance rru»de for the payment of u sum of money before it becomes due, and is the difference between the sum clue, at a time to come, being specified and the snitt which ought to be paid at the present...
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Arithmetical Questions on a New Plan: Intended to Answer the Double Purpose ...

William Butler - Arithmetic - 1811 - 548 pages
...Anf. £60 and £9>o. No. 577. DISCOUNT. — Difcount is an allowance made for the payment of any fum of money before it becomes due ; and is the difference between that fum due fome time hence, and its prefent worth. The prefent worth of any fum of money, or debt, due...
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A System of Arithmetic: Reprinted from the Mathematical Text-book

Samuel Webber - Arithmetic - 1812 - 260 pages
...insurance of 12001. at 7{ per cent. ? Ans. 911. 10g. DISCOUNT. DISC0UNT is an allowance, made for the payment of any sum of money before it becomes due ; and is the difference between that sum, due sometime hence, and its present worth. The present tvarth of any sum, or debt, due some time hence,...
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The Scholar's Arithmetic: Or, Federal Accountant

Daniel Adams - Arithmetic - 1816 - 222 pages
...8f B 205 per arm. $11. DISCOUNT. DISCOUNT is an allowance made for the payment of any sum of moiiey before it becomes due, and is the difference between that sum, due sometime hence, and its present worth. The present uwrth of any sum or debt due some time hence, is...
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Logarithmick Arithmetick: Containing a New and Correct Table of Logarithms ...

Arithmetic - 1818 - 264 pages
...cent ? Ans. g 13 89£ cts. DISCOUNT. DISCOUNT is an allowance made for the payment of any sum •f money before it becomes due ; and is the difference...that sum due some time hence, and its present worth. Tbejiresent worth of any sum, or debt, due sometime hence, is such a sum, as, if put to interest, would...
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The Scholar's Arithmetic: Or, Federal Accountant : The Whole in a Form and ...

Daniel Adams - Arithmetic - 1820 - 260 pages
...before it becomes due, and is the difference between that sum, due :ime hence, and its present worth. ie present worth of any sum or debt due some time hence, is such a as, if put to interest, would in that time and at the rate per cent for j the discount is to be made,...
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