 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 time required.  Rational arithmetic - Page 184by Sarah Porter - 1852 - 263 pagesFull view - About this book
 | Lyman Cobb - Arithmetic - 1832 - 228 pages
...OF PAYMENTS? A. Equation of Payments (caches how to find one mean or equated time for the payment of several debts, due at different times, so that no loss shall be sustained by either party. RULE. Q. How do you state and work the questions in Equation of Payments? A. Each payment must... | |
 | Lyman Cobb - Arithmetic - 1836 - 228 pages
...PAYMENTS ? A. Equation of Payments teaches how to find one mean or equated time for the payment of several debts, due at different times, so that no loss shall be sustained by either party. RULE. Q. How do you state and work the questions in Equation of Payments? A. Each payment must... | |
 | Almon Ticknor - Arithmetic - 1846 - 276 pages
...discount. EQUATION. EQUATION is a rule used to find the mean or equated time of several payments which are due at different times, so that no loss shall be sustained by either party. RULE I. Multiply each payment by its time, and divide the sum 'of the several products by the... | |
 | James Robinson (of Boston.) - 1847 - 304 pages
...Art. 1«56. EQUALIZING or averaging the time of payments is finding a mean time for the payment of several debts due at different times, so that no loss shall be sustained by either debtor or creditor. Suppose A owes B $80 to be paid in 2 months, and $120 to be paid in 7 months ;... | |
 | John Bonnycastle - 1851 - 314 pages
...definition, and the principles of simple interest. equation of EQUATION OF PAYMENTS is the finding a time to pay, at once, several debts due at different...times, so that no loss shall be sustained by either party. RULE.* Multiply each payment by the time at which it is due ; then divide the sum of the products... | |
 | Daniel Adams - Arithmetic - 1861 - 452 pages
...Rule ? 144. Partnership on Time ? Rule ? 145. Equation of Payments. Equation of Payments is finding a time to pay at once several debts due at different...times, so that no loss shall be sustained by either party. The time of the payment thus found is called the average or equated time. 1. A man owes $106,... | |
 | John Homer French - Arithmetic - 1869 - 350 pages
...SECTION XIII. &^ Of 502. Average of ^Payments is the process of finding the time for paying several sums due at different times, so that no loss shall be sustained by either party. 503. The 2"erm of Credit is the time during which no interest is paid. 505 • The JZguated... | |
 | Christopher Clark - Business & Economics - 1990 - 356 pages
...1791, he particularly noted sections relevant to local exchange. "Equation of Payments," he wrote, "is the finding of a time to pay at once several debts...times so that no loss shall be sustained by either party." 22 He conceived "loss" not as an unfavorable balance between incomings and outgoings, but as... | |
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