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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 manual of arithmetic

George Hutton (arithmetic master, King's coll. sch.) - 1844 - 276 pages
...mo. after it is due, just as much is gained as is lost by paying £100 4 mo. before it is due. RULE. by the sum of the payments; the quotient will be the equated time. 6 months, and £100 due at 12 mo. be Ex.—At what time may £100 due at 100x12=1200 both paid at once,...
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The National Arithmetic, on the Inductive System: Combining the Analytic and ...

Benjamin Greenleaf - Arithmetic - 1844 - 352 pages
...same as $19 for ft of 152 months, which is 8 months, as before. Hence the propriety of 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 unit be the true...
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Introduction to The National Arithmetic, on the Inductive System: Combining ...

Benjamin Greenleaf - Arithmetic - 1844 - 204 pages
...same, as $ 100 for T^ of 640 months, which is 6 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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Introduction to The National Arithmetic: On the Inductive System; Combining ...

Benjamin Greenleaf - Arithmetic - 1844 - 208 pages
...same, as $ 100 for -jJ^ of 640 months, which is 6 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 wiU be the true time...
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A key to the commercial arithmetic

James Morrison (accountant.) - 1845 - 324 pages
...(2.) Q. How do you find the average time ? A. I multiply each sum by the time it has to run before it is due, and divide the sum of the products by the amount of the debt. The quotient gives the average time of payment. QUERIES IN MARINE INSURANCE. Page...
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The University Arithmetic: Embracing the Science of Numbers, and Their ...

Charles Davies - Arithmetic - 1846 - 370 pages
...becomes due, equal to ? Hence, to find the mean time, 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. 1 . B owes A $600 : $200 is to be paid in two months, $200 in four months, and...
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The popular encyclopedia; or, 'Conversations Lexicon': [ed. by A. Whitelaw ...

Popular encyclopedia - 1846 - 886 pages
...given for this purpose is as follows ; — Multiply each sum 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 he the time required. Thus, for example, A owes B £190, to be paid as follows...
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Welch's Improved American Arithmetic: Adapted to the Currency of the United ...

Arithmetic - 1846 - 258 pages
...at several different times. RULE. — (2) 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. Questions. — l.What is the use of the rule of Equation...
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Arithmetic: Designed for Academies and Schools, Uniting the Inductive ...

Charles Davies - Arithmetic - 1847 - 368 pages
...payments.) Hence, to find the mean time, ' .• , ' Multiply each payment by ihe 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. .'•, 1. B owes A $600 : $200 is to be paid in two months, $200 in four months,...
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The Youth's Assistant in Theoretic and Practical Arithmetic: Designed for ...

Zadock Thompson - Arithmetic - 1848 - 184 pages
...lor practical purposes. 189. RULE. — Multiply each of the payments by the time in which it is duo, and divide the sum of the products by the sum of the payments ; the quotient will be the equated time of payment. QUESTIONS FOR FRACTICE. 2. A owes B $380, to be paid $100 in 0 months, $120 in 7 months,...
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