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" Divide the given amount by the amount of $1 for the given time and rate, and the quotient will be the principal required. "
Robinson's Progressive Practical Arithmetic: Containing the Theory of ... - Page 254
by Horatio Nelson Robinson, Daniel W. Fish - 1858 - 372 pages
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The New American Arithmetic, Part 3

Samuel Mecutchen, George Mornton Sayre - Arithmetic - 1877 - 200 pages
...contained times in $2164.7385, or $500. RULE. Divide the given present worth by the present worth of $1, or the given amount by the amount of $1, for the given time and rate, and the quotient mil be the required annuity. 2. The amount of a ground-rent, which has been forborne for 5 years, is...
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The Practical Arithmetic on the Inductive Plan: Including Oral and Written ...

William James Milne - Arithmetic - 1877 - 418 pages
...$784.25, which is 687.94 times. Therefore, the present worth is $687.94. RULE.—Divide the amount due by the amount of $1, for the given time and rate, and the quotient will be the present worth. Subtract the present worth from the amount due, and the remainder will be tlte true...
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The Practical Arithmetic on the Inductive Plan: Including Oral and Written ...

William James Milne - Arithmetic - 1877 - 402 pages
...$784.25, which is 687.94 times. Therefore, the present worth is $687.94. RULE. — Divide the amount due by the amount of $1, for the given time, and rate, and the quotient wul be the present worth. Subtract the present worth from the amount due, and the remainder will be...
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Howard's California calculator and golden rule for equation of payments

C. Frusher Howard - Ready-reckoners - 1878 - 104 pages
...worth of any sum, and the discount for any time at any rate per cent. RULE.—Divide the given sum by the amount of $1 for the given time and rate, and the quotient will be the present worth, and the remainder will be the discount. EXAMPLE 1.—Find the present worth of a note...
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The Question Book: A General Review of Common School Studies : to be Used in ...

Asa Hollister Craig - Examinations - 1878 - 296 pages
...interest. 75. Divide the given interest by the interest on $1 for the given time at the given rate. 76. Divide the given amount by the amount of $1 for the given time at the given rate. 77. Divide the given interest by the interest on the principal at I per cent, for...
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Howard's Art of Computation and Golden Rule for Equation of Payments for ...

C. Frusher Howard - Ready-reckoners - 1879 - 134 pages
...worth of any sum, and the discount for any time at any rate per cent. RULE. — divide the given sum by the amount of $1 for the given time and rate, and the quotient will be the present worth, and the remainder will lie the discount. EXAMPLE 1. — Find the present worth of a...
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The Question Book: A General Review of Common School Studies ...

Asa Hollister Craig - Examinations - 1879 - 354 pages
...interest. 75. Divide the given interest by the interest on $1 for the given time at the given rate. 76. Divide the given amount by the amount of $1 for the given time at the given rate. 77. Divide the given interest by the interest on the principal at 1 per cent. for...
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Graded Problems in Arithmetic and Mensuration

Samuel Mecutchen - Arithmetic - 1880 - 262 pages
...amount, the time and the rate being given. Divide the given present worth by the present worth of $1, or the given amount by the amount of $1 for the given time and rate, and the quotient will be the required annuity. To find the value of an annuity in reversion. Find the present worth of an annuity...
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Graded Problems in Arithmetic and Mensuration

Samuel Mecutchen - Arithmetic - 1880 - 270 pages
...amount, the time and the rate being given. Divide the given present worth by the present worth of $1, or the given amount by the amount of $1 for the given time and rate, and the quotient will be the required annuity. To find the value of an annuity in reversion. Find the present worth of an annuity...
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The Progressive Higher Arithmetic: For Schools, Academies, and Mercantile ...

Horatio Nelson Robinson - 1875 - 472 pages
...contained times in $136.535 Dividing, we obtain $116.20, the required principal. Hence the 28 Rtrt,E. Divide the given amount by the amount of $1 for the given time at the given rate. EXAMPLES FOR PRACTICE. 1. What principal in 2 yr. 3 mo. 10 da., at 5 per cent.,...
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