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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 Complete Practical Arithmetician: Containing Several New and Useful ... - Page 148
by Thomas Keith - 1822 - 332 pages
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A Practical Summary of the Law and Usage of Bills of Exchange and Promissory ...

Benjamin Franklin Foster - Negotiable instruments - 1843 - 142 pages
...business use the following general RULE. Multiply the amount of each debt by the time it has to run till it becomes due, and divide the sum of the products by the amount of the debt ; the quotient is the average or equated time of payment. Thus the equated time...
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A Theoretical and Practical System of Arithmetic, etc

W. H. CRANK - Arithmetic - 1843 - 340 pages
...mean rate of the mixture. RULE. — Multiply each quantity by its value for a unit of the quantity, and divide the sum of the products by the sum of the quantities. (1) 10 galls, of brandy at 16s. 4d., were mixed with 36 at 8*., 45 at 6*., and 18 at 10*....
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Arithmetic on the Productive System: Accompanied by a Key and Cubical Blocks

Roswell Chamberlain Smith - Arithmetic - 1843 - 320 pages
...1. RECIPROCATE, [L. recipricus.] To exchange ; to interchange; to give and return mutually. several products by the sum of the payments; the quotient will be the mean or equitable time for the payment of the whole.* 11. A owes B $200 to be paid in 6 months, $300...
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Arithmetic: Designed for Academies and Schools,(with Answers.)

Charles Davies - Arithmetic - 1844 - 356 pages
...sum of the payments.) Hence, we have the following v RULE. Multiply each payment by the time before it becomes due, and divide the sum of the products...the sum of the payments : the, quotient will be the mean time. 2. B owes A $600 : $200 is to be paid in two months, $200 in four months, and $200 in six...
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Arithmetic Designed for Academies and Schools: With Answers

Charles Davies - Arithmetic - 1844 - 358 pages
...is the mean time for the payment of the whole ? OPERATION. We here multiply each sum 200 x 2 = 400 by the time at which it becomes due, and divide the sum of the products by the sum of 200x4= 800 200x0=1200 600 )24|00 ~ the payments. Ans. 4 months. ' 3. A merchant owes $600, of...
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Arithmetic Designed for Academies and Schools: With Answers

Charles Davies - Arithmetic - 1844 - 666 pages
...^the sum of the payments.) Hence, we have the following RULE. Multiply each payment by the time before it becomes due, and divide the sum of the products by the sum of the payments : tlie quotient will lie the mean time. 2. B owes A $600 : $200 is to be paid in two months, $200 in...
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Engineers' and Mechanics' Pocket-book ...

Charles Haynes Haswell - Engineering - 1844 - 298 pages
...11.34-5-7.56= 1.5 years, Ans. EQUATION OF PAYMENTS. Multiply ench sum by its time of payment in days, and divide the sum of the products by the sum of the payments. EXAMPLE.— A owes B $300 in 15 days, $60 in 12 days, and $350 in 20 days ; when is the whole due .!...
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Introduction to The National Arithmetic: On the Inductive System; Combining ...

Benjamin Greenleaf - Arithmetic - 1844 - 208 pages
...days, as before. Hence the following 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 wiU be the true time required. 8. John Smith owes a merchant, in Boston, $ 1000, $250...
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The National Arithmetic, on the Inductive System: Combining the Analytic and ...

Benjamin Greenleaf - Arithmetic - 1844 - 352 pages
...the propriety of the following 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 unit be the true time required. 2. A owes B $300, of which $50 is to be paid in 2...
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Introduction to The National Arithmetic, on the Inductive System: Combining ...

Benjamin Greenleaf - Arithmetic - 1844 - 204 pages
...days, as before. Hence the following 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 true time required. 2. John Smith owes a merchant, in Boston, $ 1000,...
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