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" 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 fractions. "
Daboll's Schoolmaster's Assistant - Page 216
by Nathan Daboll - 1828 - 247 pages
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Encyclopædia Britannica: Or, A Dictionary of Arts ..., Volume 2, Part 1

Colin Macfarquhar, George Gleig - Encyclopedias and dictionaries - 1797 - 474 pages
...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...
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The elements of commerce; or, A treatise on different calculations [&c.].

Christopher Dubost - 1806 - 456 pages
...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,...
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The Federal Arithmetic; Or, A Compendium of the Most Useful Rules of that ...

James Noyes - Arithmetic - 1808 - 168 pages
...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...
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Daboll's Schoolmaster's Assistant: Improved and Enlarged. Being a Plain ...

Nathan Daboll - Arithmetic - 1818 - 246 pages
...New-Engla/id currency, to find the 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 pnpduct by 36, the quotient will be the interest in mills, for the given time, nearly; omitting fractions....
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A Complete System of Theoretical and Mercantile Arithmetic: Comprehending a ...

George G. Carey - Arithmetic - 1818 - 602 pages
...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...
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Daboll's Schoolmaster's Assistant, Improved and Enlarged: Eing a Plain ...

Nathan Daboll - Arithmetic - 1823 - 262 pages
...New-England currency, to find the interest for any" number of days, less than a month, in Federal Money. RULE. Multiply the shillings in the principal by the...the quotient will be the 'interest in mills, for the gives time, nearly l omitting fractions. EXAMPLE. ' • .- V _ Required the interest, in Federal Money,...
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Daboll's Schoolmaster's Assistant: Improved and Enl. ...

Nathan Daboll - Arithmetic - 1829 - 252 pages
...New-England currency, to find the 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....
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Daboll's Schoolmaster's Assistant: Improved and Enlarged, Being a Plain ...

Nathan Daboll - Arithmetic - 1831 - 246 pages
...New-England currency, to find tlie interest for any number of days, less than a month, in Federal Money. RULE. Multiply the shillings in the principal by the...the interest in mills, for the given time, nearly, omittii!? fractions. EXAMPLE. Required the interest in Federal Money, of 277. los. for 27 days, at...
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The North American Arithmetic: Part Third, for Advanced Scholars, Volume 3

Frederick Emerson - Arithmetic - 1834 - 300 pages
...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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Daboll's Schoolmaster's Assistant: Improved and Enl. ...

Nathan Daboll - Arithmetic - 1837 - 262 pages
...New-Engîand currency, to find the 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 die product by 36, the quotient will be the interest in mills, for the given time, nearly, omitting...
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