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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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The U.S. Law Cabinet

Isaac Ridler Butts - 1852 - 596 pages
...AVERAGE 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....
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A Theoretical and Practical Arithmetic: Designed for Common Schools and ...

Daniel Leach - Arithmetic - 1853 - 622 pages
...price of each ingredient and the quantity are given, — RULE. Multiply each ingredient by its price, and divide the sum of the products by the sum of the ingredients. The quotient will be the price of the mixture. 1. A grocer mixed 10 pounds of tea worth...
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Robinson's Progressive Practical Arithmetic: Containing the Theory of ...

Horatio Nelson Robinson, Daniel W. Fish - Arithmetic - 1875 - 406 pages
...credit of 6 months on $30, because 30 X 6=180 X 1. RULE. I. Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient witt be the average term of credit. Average term of credit. Equated time. Give Case I. Analysis. .Rule....
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The Complete Arithmetic

Milton Browning Goff - Arithmetic - 1876 - 462 pages
...quotient, 5}, gives the number of months. Hence, the 484. RULE. — Multiply each item by its time, and divide the sum of the products by the sum of the items. r R OB L EMS. 1. John Simpson bought a farm, for which he was to pay $500 cash ; $600 in 6 mo....
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Written Arithmetic

George Augustus Walton - 1876 - 358 pages
...Hence RULE II. Multiply each payment by the number of days o" months to elapse before it becomes due ; divide the sum of the products by the sum of the payments, and add the quotient to the date. NOTB. — The examples in this book are performed by the Interest...
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The Normal Union Arithmetic: Graded Course, Part 3

Edward Brooks - Arithmetic - 1877 - 232 pages
...$1, for 1500 months; if $1 has a credit 1500 Rule. — 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. NOTES. — 1. If there are cents in any of the payments, they may be rejected...
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Robinson's Progressive Practical Arithmetic: Containing the Theory of ...

Horatio Nelson Robinson, Daniel W. Fish - Arithmetic - 1877 - 374 pages
...of 6 months on $30, because 30 x 6 = 180 x 1. EULE. I. 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. Average term of credit. Equated time. Give Case I. Analysis. Rule. II. Add...
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The Normal Higher Arithmetic: Designed for Common Schools, High Schools ...

Edward Brooks - Arithmetic - 1877 - 564 pages
...Hence the adding, we have the sum equivalent to a Rule.—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. 2. It is objected to this rule that the interest on. a certain sum not paid...
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The New Normal Written Arithmetic: Designed for Common Schools, Normal ...

Edward Brooks - Arithmetic - 1877 - 444 pages
...of 1500 months, which is 3j months. Hence the Rule. — 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. NOTES. — 1. If there are cents in any of the payments, they may be rejected...
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Ray's New Practical Arithmetic: A Rev. Ed. of the Practical Arithmetic

Joseph Ray - Arithmetic - 1877 - 402 pages
...interest 30 -<- 6 = 5 mo. Rule. — 1. Multiply each payment by the time to elapse till it becomes due. 2. Divide the sum of the products by the sum of the payments ; the quotient will be the equated time. REM. — When one of the payments is due on the day from wh the equated time is reckoned,...
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