 | Warren H. Sadler - 1888 - 426 pages
...124 da. =$3134.24. ) given amount ($3134.24) is times the amount of $1 ($1.031), or $3040. Role. — Divide the given amount by the amount of $1 for the given time and at the given rate. NOTE. — To obtain the amount of $1, find the interest of $1 by Note, 327 ;... | |
 | Caton's national business college, Buffalo, N.Y. - 1889 - 330 pages
...$3040. ($1.031), the principal to produce the required amount must be 3040 times $1, or $3040. RULE. — Divide the given amount by the amount of $1 for the given time and at the given rate. NOTE 1. — To obtain the amount of $1, find the interest of $1 by Note 1, 253... | |
 | James William Nicholson - Arithmetic - 1889 - 408 pages
...-will express the number of dollars in the principal. If the amount is given instead of the interest, divide the. given amount by the amount of $1 for the given time and rate. EXERCISE LXXVII. What principal : 2. In 2 yr. 6 mo., at 8%, will give $7 interest? 3. In... | |
 | Charles Austin Hobbs - Arithmetic - 1889 - 370 pages
...which equals $691.32. NOTE. When the amount is given in place of the interest, the divisor should be the amount of $1 for the given time at the given rate. EXAMPLES. 1. What principal will in 2 yr. at 5% produce a compound interest of $350 ? 2. Find the principal... | |
 | Warren H. Sadler, William Russell Will - Business mathematics - 1890 - 312 pages
...($3134.24) l$1.031), the principal to produce the required amount must be 3040 times $1, or $3040. RULE. — Divide the given amount by the amount of $1 for the given time and at the given rate. NOTE 1. — To obtain the amount of $1, find the interest of $1 by Note 1, 253... | |
 | John Groesbeck - 1891 - 426 pages
...interest, is $3000. What is the annuity? Ans. $388.513. 416. To find an annuity from its amount. Rule. — Divide the given amount by the amount of $1 for the given time and rate. EXAMPLE. — The final value of an annuity for 11 years, at l^o compound interest, amounts... | |
 | Seymour Eaton - 1892 - 252 pages
...is the interest on the face of the debt. To find the true present worth, divide the face of the debt by the amount of $1 for the given time at the given rate. If the interest = - of the principal, then the true discount = ~^r^ of the principal. The problems... | |
 | Henry B. Maglathlin - 1894 - 370 pages
...same rate, for the same time, as $1.20 is contained times in $480, or 400. RULB. Divide the given sum by the amount of $1 for the given time, at the given rate. To find the discount, subtract the present worth from the given sum. Examples. Find the present worth... | |
 | William James Milne - Arithmetic - 1906 - 364 pages
...$470.59; true discount = $ 500 - $470.59, or 129.41. The present worth equals the given amount divided by the amount of $1 for the given time at the given rate. 2. A merchant bought a bill of goods amounting to $ 800 on 60 days' credit. Find the equivalent cash... | |
 | James S. Sweet - Business mathematics - 1907 - 268 pages
...$18680 earn $700.50 interest at CASE V 726. Given, the Amount, Rate, and Time to find the Principal. Divide the given Amount by the amount of $1 for the given Time and Rate. FORMULA : Amt. -H $1 + (Rate X Time) = Prin. EXAMPLE : What principal will amount to $430.50... | |
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Divide the given amount by the amount of $1 for the given time at the given rate. 
