 | 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 city $200, due... | |
 | Benjamin Greenleaf - Arithmetic - 1861 - 338 pages
...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 ; for if... | |
 | 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... | |
 | Emerson Elbridge White - Arithmetic (Commercial), 1861 - 1861 - 348 pages
...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 interest.... | |
 | 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
...ordinary Rule for the equation of 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
...15, $400X124 " =$49600 for 1 day. " 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... | |
 | Francis Walkingame - 1868 - 154 pages
...SHOWS how, when several sums are due at different times, to find a mean time for paying the whole debt. RULE.— Multiply each payment by its time, and divide the sum of the products by the debt ; the quotient is the mean time. EXAMPLES.— LXVIII. (1) A owes B £200, whereof £40 is to be... | |
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Multiply each payment by the time at which it is due; then divide the sum of the products by the sum of the payments, and the quotient will be the equated time, or that required. 
