Robinson's New Practical Arithmetic for Common Schools and Academies |
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Page 6
... Discount 290 Bank Discount Annuities at Compound In- terest 292 MENSURATION 384 386 Savings - Bank Accounts . 296 Lines and Angles 386 Exchange - Domestic and Plane Figures 388 Foreign 298 • Triangles 388 Equation of Payments and ...
... Discount 290 Bank Discount Annuities at Compound In- terest 292 MENSURATION 384 386 Savings - Bank Accounts . 296 Lines and Angles 386 Exchange - Domestic and Plane Figures 388 Foreign 298 • Triangles 388 Equation of Payments and ...
Page 243
... , or at a pre- mium , when it sells for more than its original cost ; and Below Par , or at a discount , when it sells for less than its original cost . 254. The Market or Real Value of stock is the STOCKS AND BONDS . 243.
... , or at a pre- mium , when it sells for more than its original cost ; and Below Par , or at a discount , when it sells for less than its original cost . 254. The Market or Real Value of stock is the STOCKS AND BONDS . 243.
Page 244
... discount on stock , dividends , and assessments , are computed at a certain per cent upon the original or par value of the shares of the stock . 258. A Stock Broker is a person who buys and sells stocks , either for himself , or as an ...
... discount on stock , dividends , and assessments , are computed at a certain per cent upon the original or par value of the shares of the stock . 258. A Stock Broker is a person who buys and sells stocks , either for himself , or as an ...
Page 247
... discount . 1. What will 32 shares of bank stock cost at 8 % premium , brokerage % ? 32 shares = SOLUTION . OPERATION . 32 × $ 100 = $ 3200 par value . $ 1 + $ .08 $ 1.08 . = $ 1.08 + $ .0025 = $ 1.0825 . $ 1.0825 × 3200 = $ 3464 . At ...
... discount . 1. What will 32 shares of bank stock cost at 8 % premium , brokerage % ? 32 shares = SOLUTION . OPERATION . 32 × $ 100 = $ 3200 par value . $ 1 + $ .08 $ 1.08 . = $ 1.08 + $ .0025 = $ 1.0825 . $ 1.0825 × 3200 = $ 3464 . At ...
Page 248
... discount of 12 % . What was his loss ? Ans . $ 753 . 8. What must be paid for 125 shares of stock , at 44 % premium , the par value being $ 1000 per share , broker- age % ? Ans . $ 131250 . 9. I bought 42 shares of Illinois Central ...
... discount of 12 % . What was his loss ? Ans . $ 753 . 8. What must be paid for 125 shares of stock , at 44 % premium , the par value being $ 1000 per share , broker- age % ? Ans . $ 131250 . 9. I bought 42 shares of Illinois Central ...
Other editions - View all
Robinson's New Practical Arithmetic for Common Schools and Academies Horatio Nelson Robinson No preview available - 2009 |
Robinson's New Practical Arithmetic for Common Schools and Academies Horatio Nelson Robinson No preview available - 2016 |
Common terms and phrases
acres altitude annex annuity barrels of flour base bill bought bushels ciphers circumference column common denominator common difference common fraction compound interest contained cords cube root cubic decimal point diameter discount dividend division dollars dry measure equal exact divisor EXAMPLES expressed feet figure Find the cost gain gallons geometrical progression given number greatest common divisor Hence hogshead hundred improper fraction inches integers invested least common multiple longitude lower denominations measure merchant miles minuend mixed number months multiplicand Multiply number of terms obtain OPERATION paid payment pounds premium prime factors principal proper fraction quotient rate per cent ratio Reduce remainder result rods RULE RULE.-I sells side sold SOLUTION square root subtract subtrahend tens third thousand thousandths trial divisor triangle units wheat whole number wide worth write
Popular passages
Page 178 - LIQUID MEASURE 4 gills (gi.) = 1 pint (pt.) 2 pints = 1 quart (qt...
Page 171 - Square Measure 144 square inches (sq. in.) = 1 square foot (sq. ft.) 9 square feet = 1 square yard (sq. yd.) 30j square yards = 1 square rod (sq. rd.) 160 square rods = 1 acre (A.) 640 acres = 1 square mile (sq.
Page 184 - A circle is a plane figure bounded by a curved line, called the circumference, every point of which is equally distant from a point within called the center.
Page 306 - Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient will be the average term of credit.
Page 178 - DRY MEASURE 2 pints (pt.) = 1 quart (qt.) 8 quarts =1 peck (pk.) 4 pecks = 1 bushel (bu...
Page 183 - Thirty days hath September, April, June, and November ; All the rest have thirty-one, Except the second month alone, Which has but twenty-eight, in fine, Till leap year gives it twenty-nine.
Page 396 - A Cylinder is a body bounded by a uniformly curved surface, its ends being equal and parallel circles.
Page 298 - Thirty days after sight of this first of exchange (second and third of the same tenor and date unpaid...
Page 134 - RULE. Divide as in whole numbers, and from the right hand of the quotient point off as many places for decimals as the decimal places in the dividend exceed those in the divisor.
Page 75 - Divide the product of the remaining factors of the dividend by the product of the remaining factors of the divisor, and the result will be the quotient.