| 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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