 | 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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The present worth of a note payable at a future time is such a sum as, put at interest at the given rate per cent, until it becomes due, will amount to the face of the note. Discount is an allowance made for the payment of money before it becomes due,... 
