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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 - 432 pages
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Complete Graded Arithmetic, Oral and Written: Upon the Inductive Method of ...

James Bates Thomson - Arithmetic - 1882 - 416 pages
...Oct. 10th, 1880 = Dec. 25th, 1880, the date of payment. Hence, the RULE. — Multiply each item by Us term of credit, and divide the sum of the products by the sum of the items. The quotient will be the average term of credit. Adding the average term of credit to the date...
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Fish's Arithmetic Number Two: Oral and Written, Upon the Inductive ..., Book 2

Daniel W. Fish - Arithmetic - 1883 - 364 pages
...average term of credit of $800 dua in 1 mo., $750 due in 4 mo., and $1000 due in 6 mo. RULE. — 1. Multiply each payment by its term of credit, and divide...products by the sum of the payments ; the quotient is the average term of credit. 2. To find the equated time of payment.— Add the average term of credit...
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Fish's Arithmetic Number One[-two]: Oral and Written ..., Volume 2

Daniel W. Fish - Arithmetic - 1883 - 348 pages
...average term of credit of $800 due in 1 TOO., $750 due in 4 mo., and $1000 due in 6 mo. RULE. — 1. Multiply each payment by its term of credit, and divide the sum of the products bу the sum of the payments ; the quotient is the average term of credit, 2. To find the equated time...
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A New Complete Arithmetic: Uniting Oral and Written Exercises

Emerson Elbridge White - Arithmetic - 1883 - 374 pages
...equate the time of several debts or payments : Rules. — 1. Multiply each debt or payment by its time of credit, and divide the sum of the products by the sum of the debts or payments. Or : 2. Compute the interest of each debt or payment for its time of credit, and...
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Howard's Anglo-American Art of Reckoning: The Standard Teacher and Referee ...

C. Frusher Howard - Ready-reckoners - 1884 - 144 pages
...the required quantity of the other member. To prove the answer, multiply each value by its quantity, and divide the sum of the products by the sum of the quantities. Example. — Having four qualities of tea worth 1, 2, 3 and 4 dollars a pound, how much...
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Practical Arithmetic, by Induction and Analysis

Joseph Ray - Arithmetic - 1885 - 358 pages
...COMMON RULE FOR EQUATION OP PAYMENTS. Multiply each payment by the time to elapse till it becomes due; divide the sum of the products by the sum of the payments ; the quotient will be the equated time. When one of the payments is due on the day from which the equated time is reckoned, its...
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New Complete Arithmetic on the Inductive Method: With Parallel Mental and ...

James William Nicholson - Arithmetic - 1885 - 348 pages
...average time is 2 mo. 13 da. from and after Aug. 10, which is Oct. 23. RULE. — Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. This added to the date from which the credits...
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Complete Arithmetic Combining Oral and Written Exercises

Indiana. State Board of Education - 1886 - 360 pages
...for finding the equated time, when the terms of credit begin on the same date. — Multiply each debt by its term of credit and divide the sum of the products ljy the sum of the payments. NOTE. — Whenever cents appear in the debts, they should be reiected...
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Caldwell's Practical Arithmetic ...

M. P. Caldwell - Arithmetic - 1883 - 198 pages
...without loss t6 either party. R m .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 mean lime. EXAMPLES. i. John owes James $300, of which $50 is due in 2...
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Numbers Applied, a Complete Arithmetic, Part 1

Andrew Jackson Rickoff - Arithmetic - 1886 - 688 pages
...at different times, by the Method of Products. 339. Rule.— Multiply each item of the debt by ita term of credit, and divide the sum of the products by the sum of the items ; the quotient will be the average term of credit. Note*. — 1. In computing terms of credit,...
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