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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

## The Normal Higher Arithmetic: Designed for Common Schools, High Schools ...

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...

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

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...

## Ray's New Practical Arithmetic: A Rev. Ed. of the Practical Arithmetic

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,...

## Fish's Arithmetic Number Two: Oral and Written, Upon the Inductive ..., Book 2

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...

## Practical Arithmetic, by Induction and Analysis

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...

## Caldwell's Practical Arithmetic ...

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...

## Complete Arithmetic: Elements and Commercial. New Series

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,...

## Complete Arithmetic: Combining Oral and Written Exercises

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...