 | Horatio Nelson Robinson - Arithmetic - 1892 - 428 pages
...6 months on $ 30, 8ince 30 x 6 = 180 x 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 average term of credit. II. Add the average term of credit to the date at which all the credits begin,... | |
 | 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. date at which all the credits begin;... | |
 | George Albert Wentworth - Arithmetic - 1896 - 490 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., $1000 due... | |
 | 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., $1000 due... | |
 | Richard Bithell - 1903 - 344 pages
...various dates. The rule usually followed is : Multiply each payment by the time at which it falls due ; divide the sum of the products by the sum of the payments, and the quotient is the time required. For example, suppose £7-5 due at the end of six months ; £i'0... | |
 | Stoddard A. Felter - Arithmetic - 1868 - 368 pages
...of payment. (a.) Rule. — I. Multiply each payment by the time to the date at which it becomes due, divide the sum of the products by the sum of the payments, and the result will be the average term of credit. V II. Add the average term of credit to the date... | |
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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. 
