 | Benjamin Greenleaf - Arithmetic - 1860 - 324 pages
...for the payment of the whole. Hence the following RULE. -—Multiply each payment by its own time, of credit, and divide the sum of the products by the sum of the payments. NOTE 1. — This is the rule usually adopted by merchants, but it is not perfectly correct... | |
 | Benjamin Greenleaf - Arithmetic - 1861 - 338 pages
...time for the payment of the whole. Hence the following RULE. — Multiply each payment by its own time of credit. and divide the sum of the products by the sum of the payments. NOTE 1. — This is the rule usually adopted by merchants, but it is not perfectly correct... | |
 | Education - 1861 - 712 pages
...at the starting point. The rule for Equation of Payments is, " multiply each payment by its own time of credit, and divide the sum of the products by the sum of the payments," — another case in point. I have put down some of the more prominent faults in the books,... | |
 | Emerson Elbridge White - Arithmetic (Commercial), 1861 - 1861 - 348 pages
...hundredths of 9600 months=8 months, the equated time. RULE. — Multiply each payment or debt by its time of credit, and divide the sum of the PRODUCTS by the sum of the PAYMENTS. Note. — 1. By the term discount, as used above, is meant mercantile discount or simple... | |
 | Daniel Adams - Arithmetic - 1861 - 452 pages
...Hence, To find the mean time of several, payments, — RULE. Multiply each sum by its tune of payment, and divide the sum of the products by the sum of the payments ; the quotient will be the equated tune. EXAMPLES. 2. A Western merchant owes in New York... | |
 | Charles Davies - Arithmetic - 1861 - 496 pages
...find the average time of payment : Rule. — Multiply each payment by the time before it becomes due, and divide the sum of the products by the sum of the payments: the Quotient will be the average time. Examples. 1. A merchant ows $1200, of which $200 is... | |
 | Charles Davies - Arithmetic - 1863 - 346 pages
...$12 " " J_X 12 = 12. $6 $48 6 6)48. Rule. Multiply each payment by the time before it becomes due, and divide the sum of the products by the sum of the payments: the quotient will be the mean time. Examples. 2. A owes B $600 ; one-third is to be paid... | |
 | Edward Brooks - Arithmetic - 1863 - 350 pages
...credit of jJ-3 of 1500 months, which is 3J months. Hence RULE. — Multiply each payment ly its time, and divide the sum of the products by the sum of the payments, the quotient will lie, the average term of credit. 2. A owes B §6000, J due in 3mo., | in... | |
 | John William Colenso (bp. of Natal.) - 1864 - 238 pages
...the following Ordinary Rule. Multiply the several debts by their times in any uniform denomination, and divide the sum of the products by the sum of the debts. Thus, the above process is reduced to the following: — 651 x 5 = 3255 434x8 = 3472 10S5 )6727... | |
 | William Alfred Browne - 1863 - 486 pages
...different periods is called the equated time of payment. RULE. Multiply each debt by its specified time, and divide the sum of the products by the sum of the debts ; and the resulting quotient will be the required equated time. Example 1. If £200 be due at... | |
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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. 
