| Edward Brooks - Arithmetic - 1877 - 564 pages
...Hence the adding, we have the sum equivalent to a Rule.—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. 2. It is objected to this rule that the interest on. a certain sum not paid... | |
| Horatio Nelson Robinson, Daniel W. Fish - Arithmetic - 1877 - 374 pages
...of 6 months on $30, because 30 x 6 = 180 x 1. EULE. 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. Average term of credit. Equated time. Give Case I. Analysis. Rule. II. Add... | |
| Joseph Ray - Arithmetic - 1877 - 402 pages
...interest 30 -<- 6 = 5 mo. Rule. — 1. Multiply each payment by the time to elapse till it becomes due. 2. **Divide the sum of the products by the sum of the payments ; the quotient will be the** equated time. REM. — When one of the payments is due on the day from wh the equated time is reckoned,... | |
| Daniel W. Fish - Arithmetic - 1883 - 360 pages
...of $2500 for yyVs of 17000 mo., or 6J mo. 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** is the average term of credit. 2. To find the equated time of payment.— Add the average term of credit... | |
| Joseph Ray - Arithmetic - 1885 - 358 pages
...COMMON RULE FOR EQUATION OP 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 time. When one of the payments is due on the day from which the equated time is reckoned, its... | |
| M. P. Caldwell - Arithmetic - 1883 - 198 pages
...without loss t6 either party. R m .K. — Multiply each payment by the time at which it is due; then **divide the sum of the products by the sum of the payments,** and the quotient will be the mean lime. EXAMPLES. i. John owes James $300, of which $50 is due in 2... | |
| Christian Brothers - Arithmetic - 1888 - 484 pages
...of ^ of 3560 months, which is 4J| months. 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 the credits begin,... | |
| Edward Sylvester Ellis - Arithmetic - 1889 - 370 pages
...time, when the terms of credit begin on the same date, — Multiply each debt by its term of credit **and divide the sum of the products by the sum of the payments.** NOTE. — Whenever cents appear in the debts, they should be rejected if less than 50 and counted as... | |
| John Homer French - Arithmetic - 1889 - 512 pages
...credit: — PBODUCT METHOD. — Multiply each term of credit by the number expressing the payment, **and divide the sum of the products by the sum of the payments.** Or, IMTEKEST METHOD. — Find the interest of each debt for its term of credit, and divide the sum... | |
| Horatio Nelson Robinson - Arithmetic - 1892 - 428 pages
...of 6 months on $ 30, smce 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,... | |
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