 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.  A Higher Arithmetic - Page 344by George Payn Quackenbos - 1874 - 420 pagesFull view - About this book
 | Education - 1861 - 712 pages
...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, frankly... | |
 | Edward Brooks - Arithmetic - 1863 - 350 pages
...have a 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 4mo., and the... | |
 | 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 in 6 months from... | |
 | George Augustus Walton - Arithmetic - 1864 - 364 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. NOTE. — The examples in this book are performed by the Interest... | |
 | John Hunter (of Uxbridge.) - 1866 - 266 pages
...payments is founded on mercantile discount, and is as follows : — RULE. — Multiply each payment by its time, and divide the sum of the products by the sum of the payments ; observing to use all the times, as well as the payments, in a uniform denomination. Ex. (1) I owe... | |
 | Whitman Peck - Arithmetic - 1868 - 304 pages
...Jan. 1, $500 X 51 " =$25500 " $1200 X— " =)$75100 Ans. 63 days. RULE. — Multiply each payment by its time, and divide the sum of the products by the sum of the payments. This rule is according to bank discount. If the date is required, reckon the equated time from the... | |
 | John Fair Stoddard - Arithmetic - 1868 - 428 pages
...time is July 4, 1865, or 6mo. from January 4. Rule. — Multiply each sum due 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. NOTE. — This Rule, though sanctioned by custom, is not... | |
 | John Fair Stoddard - Arithmetic - 1888 - 480 pages
...time is July 4, 1865, or 6rno. from January 4. Rule. — Multiply each sum due 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 creditF NOTE. — This Rule, though sanctioned by custom, Is not... | |
 | Joseph Ray - Arithmetic - 1857 - 358 pages
...COMMON KULE FOH EQUATION OF PAYMENTS. Multiply each payment by the time to elapse till it becomes due; divide the sum of the products by the sum of the payments; the quotient will be the equated lime. When one of the payments is due on the day from which the equated... | |
 | George Payn Quackenbos - Arithmetic - 1872 - 350 pages
...Equated Time 1 Go through Ex. 1. 434. RULE. — To equate two or more payments, multiply each payment by its time, and divide the sum of the products by the...times of the several payments must be in the same denomina. tion, and this will be the denomination of the answer. Less than J day in the answer is rejected... | |
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