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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 Youth's Assistant in Theorhetic [sic] and Practical Arithmetic: Designed ... - Page 82
by Zadock Thompson - 1832 - 168 pages
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Robinson's New Higher Arithmetic: For High Schools, Academies, and ...

Horatio Nelson Robinson - Arithmetic - 1895 - 526 pages
...time is С months after April 1 or Oct. 1. RULE. — I. 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 aceraye term of credit. II. Add the average term of credit to the....
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A Practical Arithmetic

George Albert Wentworth - Arithmetic - 1896 - 490 pages
...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...
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A Practical Arithmetic

George Albert Wentworth - Arithmetic - 1897 - 396 pages
...average term of credit for payments due at different times, Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments. EXERCISE 177. — WRITTEN. 1. Find the average time for the payment of $600 due in 3 mo.,...
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The Senior Arithmetic for Grammar Schools

Charles Edward White - Arithmetic - 1897 - 312 pages
...of these as a standard date, reckon the time to each of the others. Multiply each debt by its time, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit, which add to the standard date to find the...
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Mathematics Self-taught: The Lübsen Method for Self-instruction, and Use in ...

Heinrich Borchert Lübsen - Algebra - 1897 - 364 pages
.... 1 ~S+?+S"+.. This may be also expressed in the following rule : Multiply each amount by its time, and divide the sum of the products by the sum of the amounts. The quotient will be the average time for the whole amount. EXAMPLE. The four following amounts...
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An Advanced Arithmetic for High Schools, Normal Schools, and Academies

George Albert Wentworth - Arithmetic - 1898 - 424 pages
...Multiply 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...
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An Advanced Arithmetic

George Albert Wentworth - 1898 - 424 pages
...Multiply 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.,...
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An Advanced Arithmetic for High Schools, Normal Schools, and Academies

George Albert Wentworth - Arithmetic - 1898 - 424 pages
...Multiply 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.,...
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The Theory of Finance: Being a Short Treatise on the Doctrine of Interest ...

George King - Accident insurance premiums - 1898 - 122 pages
...time of payment of various amounts, multiply each amount by the time to elapse until it will fall due, and divide the sum of the products by the sum of the amounts. The value found for x is, however, too large. It results from taking the arithmetical mean,...
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The Normal Standard Arithmetic, Part 2

Edward Brooks - Arithmetic - 1899 - 204 pages
...7J5 of 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...
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