 | Nathan Daboll - Arithmetic - 1829 - 252 pages
...compound interest of 876 dois. 90 cents for 3! years, at 6 per cent, per annum ? Ля», £193, 83 rfe. + DISCOUNT, IS an allowance made for the payment of any sum of money before it becomes due ; or upon advancing ready money for notes, bills, &-e. which are payable at a future day. What remains... | |
 | Ira Wanzer - Arithmetic - 1831 - 408 pages
...per annum, compound interest. Aus. L79.21189=79Z. 4s. 10d.+ REBATE OR DI8COUNT, BY SIMPLE INTEREST. Discount is an allowance made for the payment of any...before it becomes due, and is the difference between lhat sum, due some time hence, and its present worth. The present worth of any sum or debt, due some... | |
 | Nathan Daboll - Arithmetic - 1831 - 246 pages
...the compound interest of 876 dels. 90 cents for 8J years, at 6 per cent, per annum 1 DISCOUNT, IS au allowance made for the payment of any sum of money before it becomes due ; or upon advancing ready money for notes, bills, &c. which are payable at a future day. What remains... | |
 | Thomas Conkling (W.) - Arithmetic - 1831 - 302 pages
...compound interest? Ans. 284D.68cls. 8rr REBATE OR DISCOUNT. REBATE, OR Discoc.vr, is a deduction or an allowance, made for the payment of any sum of money before it is due; or, it is. a deduction made upon advancing the ready money for notes, bills, S:c. which are... | |
 | Samuel Read Hall - Arithmetic - 1832 - 294 pages
...working questions in these rules is the same as in simple interest, and needs no farther illustration. DISCOUNT. Discount is an allowance made for the payment of any sum of money before it becomes due, according to a certain rate per cent. agreed on between the parties concerned. If I am to pay A 100... | |
 | Daniel Adams - Arithmetic - 1833 - 268 pages
...amount to $ 397'50. The question, therefore, does not differ from the preceding. Ans. $ 375. Note. An allowance made for the payment of any sum of money before it becomes due, as in the last example, is called Discount. The sum which, put at interest, would, in the time and... | |
 | George Alfred - Arithmetic - 1834 - 336 pages
...time, to which Y consents ; the time of forbearance is therefore demanded. Ans. 12 months. REBATE OR DISCOUNT. Discount is an allowance made for the payment...any sum of. money before it becomes due, and is the true difference between the original debt and its present worth in cash. The present worth of any sum,... | |
 | Lyman Cobb - Arithmetic - 1835 - 246 pages
...same capacity will empty it in 4omin. ? Am. S30 pipes. DISCOUNT. Q. What is Discount? A. Disc, unit is an allowance made for the payment of any sum of money before it becomes due, ur upim advancing ready money on notes, bills, obligation!), &c., which are payable at some future... | |
 | Lyman Cobb - Arithmetic - 1836 - 228 pages
...pipes of the same capacity will empty it in 45mi». 1 Ans. 20 pipes. DISCOUNT. Q. What is Discount? A. Discount is an allowance made for the payment of any sum of money before it becomes due, or upon advancing ready money on notes, bills, obligations, &c., which are payable at some future day... | |
 | Peirpont Edward Bates Botham - Arithmetic - 1837 - 252 pages
...pelcent 1 Ans. $950 4. Required the sum that will purchase $4039 stock at 94 per cent 2 Ans. $3796 : 66 DISCOUNT. Discount is an allowance made for the payment of any sum of money, before it becomes due, according to a certain rate per sent agreed on between the parties concerned. ECLE : — Find the.... | |
| |
DISCOUNT. DISCOUNT is an allowance made for the payment of any sum of money before it becomes due, and is the difference between that sum, due sometime hence, and its present worth. The present worth of any sum or debt due some time hence, is such a... 
