 | Arithmetic - 1845 - 196 pages
...before it becomes due, according to a certain rate per cent, agreed on between the parties concerned. The present worth of any debt, not yet due, is so much money as, being put to interest, at a given rate per cent till the debt become payable, will amount to a sum equal to the d?,iL RULE.... | |
 | William Vogdes - Arithmetic - 1847 - 324 pages
...of $10000 stock, at 105| per cent., and the broker's commission at ^ per cent. ? DISCOUNT. § 1115. Discount is an allowance made for the payment of money before it becomes due, and is as much as that money, if put to interest, would gain in the same time, and at the same rate.*... | |
 | James Robinson (of Boston.) - 1847 - 304 pages
...6.704751 9.703507 20 2.653298 3.207135 40 7.039989 10.285718 COMPOUND DISCOUNT. Art. 182. COMPOUND DISCOUNT is an allowance made for the payment of money before it is due, on the supposition that money can be let at compound interest. The present worth of a debt... | |
 | Benjamin Greenleaf - Arithmetic - 1849 - 336 pages
...§ XXV. DISCOUNT. ART. 213. DISCOUNT is an allowance or deduction, according to the rate per cent., made for the payment of money before it becomes due. The present worth of any sum is the principal which, being put at interest, will amount to the given sum in the time for which... | |
 | George Roberts Perkins - Arithmetic - 1849 - 346 pages
...time required for a given principal to double itself at simple interest at various rates per cent. DISCOUNT. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a debt payable at some future time, without interest, is such a sum of... | |
 | George Roberts Perkins - Arithmetic - 1849 - 344 pages
...table gives the time required for a given principal to double itself at simple interest. DISCOUNT. 6O. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a debt payable at some future time, without interest, is such a sum of... | |
 | Benjamin Naylor - 1850 - 334 pages
...question is the same as if it were what is the compound interest of $1000 for 5 years, at 3 per cent, a year ? DISCOUNT. Discount is an allowance made for...money before it becomes due. The present worth of a debt, payable at a subsequent period, without interest, is such a sum of money as being put on interest... | |
 | Charles Guilford Burnham - 1850 - 350 pages
...10s. for 7 years, at 6 per cent., compound interest ? Ans. £385 13s. l\d. DISCOUNT. Art. 212. — DISCOUNT is an allowance made for the payment of money before it becomes due. The present worth of a debt due at any future period, is so much money as, being put on interest, at a given rate per cent.,... | |
 | Commissioners of National Education in Ireland - Arithmetic - 1850 - 162 pages
...26. Required the amount of 2467. 15s. for 3 years, 6 weeks, and 4 days, at 2 £ per cent. per annum ? DISCOUNT. DISCOUNT is an allowance made for the payment of money before it is due. Thus, if a person passed me a bill for £105, to be paid at the end of a year, and I wished... | |
 | Ireland commissioners of nat. educ - 1850 - 160 pages
...20. Required the amount of 2407. 15s. for 3 years, 6' weoks, and 4 days, at 2-J per cent. per annum ? DISCOUNT. DISCOUNT is an allowance made for the payment of money before it is duo. Thus, if a person passed me a bill for £105, to be paid at the end of a year, and I wished... | |
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DISCOUNT. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a debt payable at some future... 
