...creditor. The rule generally given is as follows: Multiply each sum due by the time at which it is payable, and then divide the sum of the products by the sum of the debts: the quotient is the equated time. For example, if £10 be due at one month, and £20 at two mouths, find as an equivalent...

...Multiply each of the other debts by the number of days from the standard date that it becomes due and divide the sum of the products by the sum of the debts. The quotient is the number of days that must be added to the standard date to find the average time of the payments....

...each of the debts by the number of days from the standard date to the date that it becomes due, and divide the sum of the products by the sum of the debts. The quotient is the number of days that must be added to the standard date to find the average time of the payments....

...each of the debts by the number of days from the standard date to the date that it becomes due, and divide the sum- of the products by the sum of the debts. EXERCISE 135. 1. Find the equated time for the payment of $250 due in 3 mo., $400 due in 6 mo., $700...

...each of the debts by the number of days from the standard date to the date that it becomes due, and divide the sum of the products by the sum of the debts. EXERCISE 135. 1. Find the equated time for the payment of $250 due in 3 mo., $400 due in 6 mo., $700...

...each of the debts by the number of days from the standard date to the date that it becomes due, and divide the sum of the products by the sum of the debts. EXERCISE 135. 1. Find the equated time for the payment of $250 due in 3 mo., $400 due in 6 mo., $700...

...2600 months, which is 3J months. Hence the Rule. — Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts; the quotient will be the average term of credit. 1. Cents in any of the payments may be rejected when loss than 50, and reckoned...

...terms of credit begin at the same time. RULE. — • Multiply each debt by its term of credit and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. Add the average term of credit to the date at which all the terms of credit...

...of credit is from Mar. 1 to June 25, or 116 days. We multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient, 68 days, is the number of days after Mar. 1 when one payment of the whole indebtedness may equitably...

...different lengths of time, the average time is calculated by this rule: Multiply the debt by the time ; divide the sum of the products by the sum of the debts, and the quotient is the time when all the debts may be considered due. EXAMPLE. A owed li $000, due...