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" Divide the sum of the products by the sum of the debts, and the quotient will be the average term of credit, estimated from the date selected. "
The New Normal Written Arithmetic: Designed for Common Schools, Normal ... - Page 314
by Edward Brooks - 1877 - 421 pages
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Practical System of Book-keeping by Double & Single Entry

Benjamin Wood Foster - 1845 - 166 pages
...due at different periods of time. RULE. Multiply each amount by the time in which it is payable, and divide the sum of the products by the sum of the debts ; the quotient will be the equated time of payment EXAMPLES. 1. Bought of Silas Pierce & Co. аз follows,...
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Practical Arithmetic, Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - Arithmetic - 1846 - 402 pages
...multiply each debt by the time before it becomes due ; then divide the sum of the products thus obtained by the sum of the debts, and the quotient will be the average time required. 2. If I owe a man $20, payable in 4 months, $40 payable in 6 months, and $60 in 3 months,...
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Higher Arithmetic: Or, The Science and Application of Numbers; Combining the ...

James Bates Thomson - Arithmetic - 1847 - 426 pages
...multiply each debt by the time before it becomes due ; then divide the sum of the products thus obtained by the sum of the debts, and the quotient will be the average time required. OBS. 1. If one of the debts is paid down, its product will be nothing; but in finding...
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Text-book of arithmetic, for the use of teachers

John Hunter (of Uxbridge.) - 1847 - 266 pages
...follows:— Multiply the given debts by their respective times, expressed in one denomination, and divide the sum of the products by the sum of the debts. The two last Exercises will, to those who are acquainted with algebra, afford opportunity of comparing...
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The American Arithmetic

James Robinson (of Boston.) - 1847 - 304 pages
...each debt by the number of days, months, or years, between its date and the time it becomes due, and divide the sum of the products by the sum of the debts; the quotient will be the average or mean time for the payment of the sum of 'all the debts. 1. William...
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The Rational Arithmetic: In which the Science is Fully Developed, the Art ...

James S. Russell - Arithmetic - 1847 - 340 pages
...days, as is most convenient, between the time of the calculation) and the maturity of the debt, and divide the sum of the products by the sum of the debts; the quotient will show the number of years, months, or days, to elapse before the single payment of...
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Higher Arithmetic; Or, The Science and Application of Numbers: Combining the ...

James Bates Thomson - Arithmetic - 1848 - 434 pages
...multiply each debt by the time before it becomes due ; then divide the sum of the products thus obtained by the sum of the debts, and the quotient will be the average time required. OBS. 1. If one of the debts is paid down, its product will be nothing ; but in finding...
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Putnam's Arithmetic

Rufus Putnam - Arithmetic - 1849 - 276 pages
...which is 3f. Ans. 3 mo. IS d. ROLE. Multiply each debt by the time to elapse before it is due, and divide the sum of the products by the sum of the debts; the quotient is the equated time. 2. A man owed $20 to be paid in 3 months, $50 in 4 months, and $80...
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A Treatise on Practical Book-keeping and Business Transactions: Embracing ...

Joseph Howard Palmer - Accounting - 1852 - 188 pages
...each debt by the number of days from the date when due, to the latest date when any debt becomes due. Divide the sum of the products by the sum of the debts, and the quotient will give the number of days when due, counted back from the latest date. 52. BALANCE OF ACCOUNT SALES....
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The U.S. Law Cabinet

Isaac Ridler Butts - 1852 - 596 pages
...PAYMENT OF DIFFERENT PAYMENTS. RULE. — Multiply each Debt by the time in which it is Payable, and divide the Sum of the Products by the Sum of the Debts— as follows : fiought at 4 months' credit. When is the equated time qf payment ? 1851. Anfl. Days. Products....
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