| George Roberts Perkins - Arithmetic - 1849 - 347 pages
...required for a given principal to double itself at simple interest at various rates per cent. DISCOUNT. **DISCOUNT is an allowance made for the payment of money before it** is due. The present worth of a debt payable at some future time, without interest, is such a sum of... | |
| Benjamin Naylor - 1850 - 334 pages
...as if it were what is the compound interest of $1000 for 5 years, at 3 per cent, a year ? DISCOUNT. **Discount is an allowance made for the payment of money before it becomes due.** The present worth of a debt, payable at a subsequent period, without interest, is such a sum of money... | |
| Charles Guilford Burnham - 1850 - 352 pages
...10s. for 7 years, at 6 per cent., compound interest ? Ans. £385 13s. l\d. DISCOUNT. Art. 212. — **DISCOUNT is an allowance made for the payment of money before it becomes due.** The present worth of a debt due at any future period, is so much money as, being put on interest, at... | |
| George Roberts Perkins - Arithmetic - 1850 - 358 pages
...per annum, the interest being compounded halfyearly ? Ans. $3243-398. COMPOUND DISCOUNT. 69. COMPOUND **DISCOUNT is an allowance made for the payment of money before it** is due, on the supposition that the money draws compound interest. The present worth of a debt payable... | |
| Ireland commissioners of nat. educ - 1850 - 164 pages
...the amount of 2407. 15s. for 3 years, 6' weoks, and 4 days, at 2-J per cent. per annum ? DISCOUNT. **DISCOUNT is an allowance made for the payment of money before it** is duo. Thus, if a person passed me a bill for £105, to be paid at the end of a year, and I wished... | |
| George Roberts Perkins - Arithmetic - 1850 - 372 pages
...for a given principal to double itself at simple interest at various rates per cent. DISCOUNT. 117. **DISCOUNT is an allowance made for the payment of money before it** is due. The present worth of a debt payable at some future time, without interest, is such a sum of... | |
| Commissioners of National Education in Ireland - Arithmetic - 1850 - 162 pages
...the amount of 2467. 15s. for 3 years, 6 weeks, and 4 days, at 2 £ per cent. per annum ? DISCOUNT. **DISCOUNT is an allowance made for the payment of money before it** is due. Thus, if a person passed me a bill for £105, to be paid at the end of a year, and I wished... | |
| George Roberts Perkins - Arithmetic - 1851 - 356 pages
...for a given principal to double itself at simple interest at various rates per cent. DISCOUNT. 117. **DISCOUNT is an allowance made for the payment of money before it** is due. . Tho present worth of a debt payable at some future time, without interest, is such a sum... | |
| William Smyth - Algebra - 1851 - 272 pages
...16f years. Ex. 2. When will a principal be tripled at 5 per cent. ? ANS. In 40 yearS. DISCOUNT. LXV. **Discount is an allowance made for the payment of money before it** is due. The present worth of a debt due some time hence is a sum that, put at interest, will amount... | |
| Charles Davies - 1852 - 346 pages
...2.854:533.37993 3.025593.61652 3.207138.86968 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 DISCOUNT. 261. **DISCOUNT is an allowance made for the payment of money before it** is due. THE FACE of a note is the amount named in the note.* NOTE. — DATS OF GRACE are days allowed... | |
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