| 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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