 | Luther Ainsworth - Arithmetic - 1837 - 298 pages
...interest, $5730,98 cts. 9 m. ( Last balance, $730,98 cts. 9 m. DISCOUNT. Q, What is Discount ? A. It is an allowance made for the payment of any sum of money before it becomes due, or for advancing ready money for notes, bills of exchange, &c. which are payable at a future day. Q.... | |
 | Nathan Daboll - Arithmetic - 1837 - 262 pages
...years, at С per cent per annum ? -A •'•••-, ri DISCOUNT. Л ~|P 135 DISCOUNT, \ Is an aUowance 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... | |
 | Nathan Daboll - 1839 - 220 pages
...yon calculate interest for What is the Rule for Compound Intermonths and days, at 6 per cent ? est ? DISCOUNT Is an allowance made for the payment of any sum of money before it becomes due. After the discount is deducted, the remainder is the present worth ; or, such a sum as, if put at interest,... | |
 | Charles Bathurst (schoolmaster.) - 1842 - 158 pages
...dividend payable thereon? DISCOUNT. DISCOUNT is an allowance of so much per cent., previously agreed upon, made for the payment of any sum of money before it becomes due ; or an allowance made by the creditor to the debtor, when he pays cash instead of taking the usual... | |
 | Arithmetic - 1843 - 142 pages
...8f Ib., what will 1 hhd. weigh ? 10. What is the interest of £756^ for 7| years at 4| per cent. ? DISCOUNT. Discount is an allowance made for the payment of any sum of money before it becomes due. HULK. First find the interest of £100 for the time before the money becomes due, and add it to 100... | |
 | Nathan Daboll - Arithmetic - 1843 - 254 pages
...you calculate interest for What is the Rule for Compound Intermonths and days, at 6 per cent ? of t ? DISCOUNT Is an allowance made for the payment of any sum of money before it becomes due. After the discount is deducted, the remainder is the present worth ; or, such a sum as, if put at interest,... | |
 | Charles WATERHOUSE - Arithmetic - 1844 - 228 pages
...solar system, however incredible it may appear. DISCOUNT. It is an allowance made for the payment of a sum of money before it becomes due, and is the difference between that sura due some time hence, and its present worth. Or, it is an allowance for advancing money on notes,... | |
 | Charles Waterhouse - Arithmetic - 1844 - 232 pages
...solar system, however incredible it may appear. DISCOUNT. It is an allowance made for the payment of a sum of money before it becomes due, and is the difference...that sum due some time hence, and its present worth. Or, it is an allowance for advancing money on notes, bills, &c., payable at a future day. The present... | |
 | William Lane (of Worthing.) - 1845 - 138 pages
...— What is the difference on ¿61500 3 per cent. consols, bought at 64J, and sold at 65| per cent. ? 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. The present worth of any sum or debt, due some time hence, is... | |
 | Esek Cowen - Law reports, digests, etc - 1845 - 872 pages
...was defined by Pike and Daboll, in their Treatises on Arithmetic, and as the witness understood it. 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, &c., which are payable at a future day. What remains... | |
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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... 
