 | Edward Brooks - Arithmetic - 1895 - 198 pages
...at the same rate it is $5310; required the principal and the rate. DISCOUNT AND PRESENT WORTH. 473. Discount is an allowance made for the payment of money before it becomes due. 474. The Present Worth of a debt payable at a future time without interest is such a sum as, being... | |
 | George Albert Wentworth - Arithmetic - 1898 - 424 pages
...into how many equal parts a unit is divided. Difference. The number found by subtraction. Discount. An allowance made for the payment of money before it becomes due. Also, the difference between the market value and the face value when the market value is below the... | |
 | George Albert Wentworth - Arithmetic - 1898 - 424 pages
...into how many equal parts a unit is divided. Difference. The number found by subtraction. Discount. An allowance made for the payment of money before it becomes due. Also, the difference between the market value and the face value when the market value is below the... | |
 | George Albert Wentworth - 1898 - 424 pages
...into how many equal parts a unit is divided. Difference. The number found by subtraction. Discount. An allowance made for the payment of money before it becomes due. Also, the difference between the market value and the face value when the market value is below the... | |
 | Business - 1905 - 168 pages
...— All interest forfeited; 8 per cent; 12 per cent; grace on all negotiable instruments. DISCOUNT. Discount is an allowance made for the payment of money before it becomes due, and is either the interest on the debt for the time, which is called true discount, or upon such a sum as... | |
 | Education - 1918 - 688 pages
...denominator. Commission is an allowance made to an agent for buying or selling stocks, bonds, produce, etc. Discount is an allowance made for the payment of money before it is due. The square root of a number is one of the two equal factors whose product equals that number.... | |
 | Pliny Earle Chase - Arithmetic - 1848 - 300 pages
...present worth of $2000 due in lyr. 6mo.? in 2yr.? 3yr. 3mo.? 9mo.? llmo.24dy.? lyr. 5mo. 19dy. ? 136. DISCOUNT is an allowance made for the payment of money before it is due. In the settlement of accounts between individuals, the discount is usually found by subtracting... | |
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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,... 
