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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. "
The Federal Arithmetic; Or, A Compendium of the Most Useful Rules of that ... - Page 111
by James Noyes - 1808 - 152 pages
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A Practical Treatise on Arithmetic: Wherein Every Principle Taught is ...

George Leonard - 1841 - 356 pages
...loss to either debtor or creditor, merchants usually Multiply each debt by the time to elapse before it is due, and divide the sum of the products by the sum of the debts. Though this method is inaccurate it is easy, and experiment shows it may be employed...
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Arithmetic on the Productive System: Accompanied by a Key and Cubical Blocks

Roswell Chamberlain Smith - Arithmetic - 1842 - 320 pages
...1. RECIPROCATE, [L. rectnricuj.] To exchange ; to interchange: to give and return mutually. several products by the sum of the payments ; the quotient will be the mean or equitable time for the payment of the whole.* 11. A owes B $200 to be paid in 6 months, $300...
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Introduction to the National Arithmetic: On the Inductive System : Combining ...

Benjamin Greenleaf - Arithmetic - 1842 - 184 pages
...same, as $ 100 for ffa of 640 months, which is 8 months and 12 days, as before. Hence the following RULE. 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 true time...
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Arithmetic, designed for academies and schools, with answers

Charles DAVIES (LL.D.) - Arithmetic - 1843 - 348 pages
...the payments.) Hence, we have the following 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. 2. B owes A $600 : $200 is to be paid in two months, $200 in four months, and $200 in six...
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Daboll's Complete Schoolmaster's Assistant Being a Plain Comprehensive ...

Nathan Daboll - Arithmetic - 1843 - 254 pages
...Payments is the method of finding the mean time to pay at once several debts, due at different times. RULE. 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 answer....
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Arithmetic on the Productive System: Accompanied by a Key and Cubical Blocks

Roswell Chamberlain Smith - Arithmetic - 1843 - 320 pages
...1. RECIPROCATE, [L. recipricus.] To exchange ; to interchange; to give and return mutually. several products by the sum of the payments; the quotient will be the mean or equitable time for the payment of the whole.* 11. A owes B $200 to be paid in 6 months, $300...
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Arithmetic: Designed for Academies and Schools,(with Answers.)

Charles Davies - Arithmetic - 1844 - 356 pages
...payments.) Hence, we have the following v 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. 2. B owes A $600 : $200 is to be paid in two months, $200 in four months, and $200 in six...
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Arithmetic Designed for Academies and Schools: With Answers

Charles Davies - Arithmetic - 1844 - 358 pages
...payments.) Hence, we have the following RU1E. Multiply each payment by tJie time before it becomes dwe, and divide the sum of the products by the sum of the payments : the quotient will be the mean time. 2. B owes A $600 : $200 is to be paid in two months, $200 in four months, and $200 in six...
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Arithmetic Designed for Academies and Schools: With Answers

Charles Davies - Arithmetic - 1844 - 666 pages
...the payments.) Hence, we have the following RULE. Multiply each payment by the time before it becomes due, and divide the sum of the products by the sum of the payments : tlie quotient will lie the mean time. 2. B owes A $600 : $200 is to be paid in two months, $200 in...
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Engineers' and Mechanics' Pocket-book ...

Charles Haynes Haswell - Engineering - 1844 - 298 pages
...11.34-5-7.56= 1.5 years, Ans. EQUATION OF PAYMENTS. Multiply ench sum by its time of payment in days, and divide the sum of the products by the sum of the payments. EXAMPLE.— A owes B $300 in 15 days, $60 in 12 days, and $350 in 20 days ; when is the whole due .!...
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