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" Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. "
The North American Arithmetic: Part Third, for Advanced Scholars - Page 114
by Frederick Emerson - 1834 - 288 pages
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The American Commercial Arithmetic: For the Use of the Grand Rapids Business ...

T. A. Bryce - Business mathematics - 1873 - 370 pages
...each debt, except the one fint due, oy the difference b& tween its term and the term of the first; divide the sum of the products by the sum of the debts, the quotient with the term of the first added to it will be the equated time. Another method, which is often convenient,...
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A Complete Arithmetic: Uniting Mental and Written Exercises in a Natural ...

Emerson Elbridge White - Arithmetic - 1870 - 348 pages
...equate the time of several debts or payments, 1. Multiply each debt or payment by its time of credit, and divide the sum of the products by the sum of the debts or payments. Or, 2. Compute the interest of eadi debt or payment for its time of credit, and divide...
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The Normal Written Arithmetic: By Analysis and Synthesis, Designed for ...

Edward Brooks - Arithmetic - 1874 - 352 pages
...becomes due, and multiply each debt by the time in which it becomes due after the date selected. II. Divide the sum of the products by the sum of the debts, and the quotient will be the average term of credit, estimated from the date selected. 2. Mr. Johnson...
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The Practical Arithmetic on the Inductive Plan: Including Oral and Written ...

William James Milne - Arithmetic - 1877 - 418 pages
...mo., which is 2 months, the average term of credit. RULE.—Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. 2. HB Claflin & Co. sold a bill of goods amounting to $2300, on the following...
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The Practical Arithmetic on the Inductive Plan: Including Oral and Written ...

William James Milne - Arithmetic - 1877 - 402 pages
...the average term of credit. RULE. — Multiply each debt by its term of credit, and divide Oie sum of the products by the sum of the debts. The quotient will be the average term of credit. 2. HB Claflin & Co. sold a bill of goods amounting to $2300, on the following...
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The New American Arithmetic, Part 3

Samuel Mecutchen, George Mornton Sayre - Arithmetic - 1877 - 200 pages
...date on which it becomes due, and the latest date on which any sum named in the account becomes due; divide the sum of the products by the sum of the debts, and the quotient will be the number of days to be counted backward from the latest date. &. William...
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The Normal Union Arithmetic: Graded Course, Part 3

Edward Brooks - Arithmetic - 1877 - 232 pages
...debt becomes due, and multiply each debt by its term of credit reckoned from the date selected. II. Divide the sum of the products by the sum of the debts, and the quotient will be the average term of credit, estimated from the date selected. NOTE. — When...
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The New Normal Written Arithmetic: Designed for Common Schools, Normal ...

Edward Brooks - Arithmetic - 1877 - 444 pages
...debt becomes due, and multiply each debt by its term of credit reckoned from the date selected". II. Divide the sum of the products by the sum of the debts, and Hie quotient will be the average term of credit, estimated from the date selected. NOTE. — When...
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The Normal Higher Arithmetic: Designed for Common Schools, High Schools ...

Edward Brooks - Arithmetic - 1877 - 564 pages
...debt becomes due, and multiply each debt by its term of credit reckoned from the date selected. II. Divide the sum of the products by the sum of the debts, and the quotient will be the average term of credit, estimated from the date selected. NOTE.—When...
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The New Normal Written Arithmetic: Designed for Common Schools, Normal ...

Edward Brooks - Arithmetic - 1877 - 438 pages
...debt becomes due, and multiply each debt by its term of credit reckoned from the date selected. II. Divide the sum of the products by the sum of the debts, and the quotient will be the average term of credit, estimated from the date xelecled. NOTE. — When...
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