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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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The Mechanical Engineer's Pocket-book: A Reference Book of Rules, Tables ...

William Kent - Engineering - 1902 - 1224 pages
...— Multiply each item by the time of its maturity in days from a flied date, taken as a standard, and divide the sum of the products by the sum of the items: the result is the average time in days from the standard date. A owes В $100 due in 30 days....
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Annual Report, Volume 5, Page 3

1905 - 1170 pages
...subject. Multiply the average in each subject by the number indicating the relative weight of the subject and divide the sum of the products by the sum of the relative weights; the quotient will be the general average. No candidate will be passed who shall not...
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Handbook to Smith's Arithmetic

David Eugene Smith - Arithmetic - 1905 - 144 pages
...the following is true: To find the average term of credit, multiply each debt by its term of credit and divide the sum of the products by the sum of the debts. The following examples may be used if desired: 1. A owes B $30 due in 4 mo., $40 due in 5 mo.,...
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Report of the Philippine Commission to the Secretary of War

United States. Philippine Commission (1899-1900) - Philippines - 1905 - 1454 pages
...subject. Multiply the average in each subject by the number indicating the relative weight of the subject and divide the sum of the products by the sum of the relative weights; the quotient will be the general average. No candidate will be passed who shall not...
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I.C.S. Reference Library: A Series of Textbooks ...

Civil engineering - 1906 - 590 pages
...term 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...
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Sweet's Modern Business Arithmetic: A Treatise on Modern and Practical ...

James S. Sweet - Business mathematics - 1907 - 268 pages
...To find the Average Term of Credit and the Equated Date. 1. Multiply each item by Us term of Credit, and divide the sum of the products by the sum of the items. The quotient is the average term of credit. 2. Compute the average term of credit from the focal...
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Gold, Prices, and Wages Under the Greenback Standard

Wesley Clair Mitchell - Business & Economics - 1908 - 870 pages
...for 17 of his 21 industries, weight them by figures obtained from the census returns for occupations, and divide the sum of the products by the sum of the weights. This procedure does not eliminate the original errors in the averages for industries; and...
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The New International Encyclopæeia, Volume 7

Daniel Coit Gilman, Harry Thurston Peck, Frank Moore Colby - Encyclopedias and dictionaries - 1909 - 886 pages
...sustained by either the debtor or creditor. The common rule is : 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. This added to the date from which the credits...
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Theory of Pharmaceutical Chemistry

Charles H. Daggett - Chemistry - 1910 - 544 pages
...amounts of the several ingredients by their percentage strengths, add the products and also the amounts, and divide the sum of the products by the sum of the amounts. Example. — Six pounds of opium containing 8 per cent, of morphine, 4 pounds containing ;>...
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Public Documents, Volume 2

West Virginia - 1911 - 1518 pages
...subject. Alultiply the mark in each subject by the number indicating the relative weight of the subject and divide the sum of the products by the sum of the relative weights; the quotient will ba the general average. No candidate will be passed by the board...
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