| Charles Davies - Arithmetic - 1866 - 356 pages
...$12 " " J_x 12 = 12.' $6 $48 6 6)48. Rule. Multiply each payment by the lime before it becomes dut **and divide the sum of the products by the sum of the...payments: the quotient will be the mean time. Examples. 1.** A merchant owes $600, to be paid in 12 months from January 1st ; $800, to be paid in 6 months, and... | |
| John Hunter (of Uxbridge.) - 1866 - 266 pages
...founded on mercantile discount, and is as follows : — RULE. — Multiply each payment by its time, **and divide the sum of the products by the sum of the payments** ; observing to use all the times, as well as the payments, in a uniform denomination. Ex. (1) I owe... | |
| John Fair Stoddard - Arithmetic - 1868 - 428 pages
...time is July 4, 1865, or 6mo. from January 4. Rule. — Multiply each sum due 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. NOTE. — This Rule, though sanctioned by custom, is not strictly correct,... | |
| John Fair Stoddard - Arithmetic - 1888 - 480 pages
...time is July 4, 1865, or 6rno. from January 4. Rule. — Multiply each sum due 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 creditF NOTE. — This Rule, though sanctioned by custom, Is not strictly correct,... | |
| Joseph Ray - Arithmetic - 1857 - 358 pages
...COMMON KULE FOH EQUATION OF PAYMENTS. Multiply each payment by the time to elapse till it becomes due; **divide the sum of the products by the sum of the payments; the quotient will be the** equated lime. When one of the payments is due on the day from which the equated time is reckoned, its... | |
| Horatio Nelson Robinson, Daniel W. Fish - Arithmetic - 1868 - 390 pages
...6 mouths on $30, because 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** witt be the average term of credit. Average term of credit. Equated time. Give Case I. Analysis. Jlule.... | |
| Whitman Peck - Arithmetic - 1868 - 304 pages
...$500 X 51 " =$25500 " $1200 X— " =)$75100 Ans. 63 days. RULE. — Multiply each payment by its time, **and divide the sum of the products by the sum of the payments.** This rule is according to bank discount. If the date is required, reckon the equated time from the... | |
| Horatio Nelson Robinson - Arithmetic - 1868 - 468 pages
...Hence the following RULE. 1. Multiply each payment by its term of credit, and divide the sum of ike **products by the sum of the payments; the quotient will be the** average term of credit. II. Add the averaye term of credit to the date at which all the credits begin;... | |
| George Payn Quackenbos - Arithmetic - 1872 - 350 pages
...Go through Ex. 1. 434. RULE. — To equate two or more payments, multiply each payment by its time, **and divide the sum of the products by the sum of the payments. The** times of the several payments must be in the same denomina. tion, and this will be the denomination... | |
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