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" Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient will be the average term of credit. "
The Progressive Higher Arithmetic: For Schools, Academies, and Mercantile ... - Page 351
by Horatio Nelson Robinson - 1860 - 456 pages
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Conversations on Arithmetic, with Demonstrations to Each Rule

Leonard Peirce - Arithmetic - 1823 - 156 pages
...by which payments are generally equated. Multiply each payment by the time at which it is due ; then divide the sum of the products by the sum of the payments, and the quotient will be the time required. * This rule is founded on the supposition, that the snm...
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Dictionary of the Mathematical and Physical Sciences, According to the ...

James Mitchell - Mathematics - 1823 - 576 pages
...bodies placed in a right line. Multiply each body by its distance from some fixed point in the line, and divide the sum of the products by the sum of the bodies, the result is the distance of the centre from the point. Prop. 2. If perpendiculars be drawn...
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The Youth's Assistant in Theoretick and Practical Arithmetic

Zadock Thompson - Arithmetic - 1826 - 164 pages
...shall be sustained by either party. RULE.t — Multiply each payment by the time at which it is. due, and divide the sum of the products by the sum of the payment, and the quotient will be the time required. * You divide by 26, because the trett is one twenty-sixth....
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Pike's System of Arithmetic Abridged: To which are Added Appropriate ...

Nicolas Pike, Dudley Leavitt - Arithmetic - 1826 - 214 pages
...neither party shall sustain loss. RULE. — Multiply each payment by the time at which it is due ; then divide the sum of the products by the sum of the payments, and the quotient will be the equated time.* *This rule is founded on a supposition, that the sum of...
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Pike's System of Arithmetic Abridged: To which are Added Appropriate ...

Nicolas Pike, Dudley Leavitt - Arithmetic - 1827 - 200 pages
...neither party shall sustain loss. RULE. — Multiply each payment by the time at which it is due ; then divide the sum of the products by the sum of the payments, and the quotient will be the equated time.* * This rule is founded on a supposition, (hat the sum of...
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Adams's New Arithmetic: Arithmetic, in which the Principles of Operating by ...

Daniel Adams - Arithmetic - 1828 - 264 pages
...To find the mean time for several payments, — RULE : — Multiply each sum by its time of payment, and divide the sum of the products by the sum of the payments, and the quotient will be the answer. Note. This rule is founded on the supposition, that what is gained...
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Adams's New Arithmetic: Arithmetic, in which the Principles of Operating by ...

Daniel Adams - Arithmetic - 1828 - 266 pages
...To find the mean time for several payments, — ROLE : — Multiply each sum by its time of payment, and divide the sum of the products by the sum of the payments, and the quotient will be the answer. Note. This rule is founded on the supposition, that what i'i gained...
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The Federal Calculator: Or, A Concise System of Practical Arithmetic

William Slocomb - 1828 - 160 pages
...neither party shall sustain loss. RULE. b Multiply each payment by the time at which it is due; then divide the sum of the products by the sum of the payments, and the quotient will be the equated time, nearly. EXAMPLES. 1. A owes B $136, to be paid in 10 months...
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The Practical Arithmetic: In which the Principles of Operating by Numbers ...

Arithmetic - 1829 - 180 pages
...find the mean time of several payments, we have this RULE. Multiply each sum by its TIME of payment, and divide the sum of the PRODUCTS by the sum of the PAYMENTS. The rule ia founded on the supposition that what is gained by keeping a debt a certain time after it is...
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A Short System of Practical Arithmetic: Compiled from the Best Authorities ...

William Kinne - 1829 - 248 pages
...be sustained by either party. Rrr.K.— Multiply each payment by the time at which it is due; then divide the sum of the products by. the sum of the payments, and the quotient will be the lime required. EXAMPLES. 1. A owes B 1900 dollars, to be paid as follows,...
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