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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 University Arithmetic: Embracing the Science of Numbers, and Their ... - Page 262
by Charles Davies - 1846 - 399 pages

## Robinson's Progressive Practical Arithmetic: Containing the Theory of ...

Horatio Nelson Robinson, Daniel W. Fish - Arithmetic - 1873 - 384 pages
...credit of 6 months on \$30, because 30 X 6 = 180 X IKULE. I. Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; th« quotient will be the average term of credit. Average term of credit. Equated time. Give Case...

## The Art of Computation, Designed to Teach Practical Methods of Reckoning ...

David White Goodrich - Ready-reckoners - 1873 - 220 pages
...date with diffeeent terms of ceedit. Product Method. Rule. Multiply each debt by its term of credit, and divide the sum of the products by the sum of the payments. EXAMPLE. (1.) When may \$2,400 be paid, if \$600 be due in 4 mos., \$800 in 6 mos., and \$1000 in 12 mos....

## The Complete Arithmetic, Oral and Written: Second Part

Daniel W. Fish - Arithmetic - 1874 - 302 pages
...of \$2500 for ^5 of 17000 mo. , or 6| mo. KTJLE.— I. Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient is the average term of credit. II. (To find the equated time of payment,) Add the average term of credit...

## The Complete Arithmetic: Oral and Written

Daniel W. Fish - Arithmetic - 1874 - 300 pages
...\$750 due in 4 mo., and \$1000 due in 6 mo. 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 is the average term of credit. II. (To find the equated time of payment,) Add the average term of credit...

## A Higher Arithmetic

George Payn Quackenbos - Arithmetic - 1874 - 444 pages
...RULE. — To equate two or more payments, multiply each payment by the number representing 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 denomination, and this will be the denomination of...

## The Progressive Higher Arithmetic: For Schools, Academies, and Mercantile ...

Horatio Nelson Robinson - Arithmetic - 1875 - 462 pages
...because 45 x 6 = 270 x 1. Hence the following RULE. 1. 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 averaye term of credit to the date at which all the credits begin;...

## Robinson's Progressive Practical Arithmetic: Containing the Theory of ...

Horatio Nelson Robinson, Daniel W. Fish - Arithmetic - 1875 - 406 pages
...credit of 6 months 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. .Rule....

## Written Arithmetic

George Augustus Walton - 1876 - 358 pages
...Hence RULE II. Multiply each payment by the number of days o" months to elapse before it becomes due ; divide the sum of the products by the sum of the payments, and add the quotient to the date. NOTB. — The examples in this book are performed by the Interest...