 | Almon Ticknor - Arithmetic - 1846 - 274 pages
...sovereigns, how many dollars? Ans. D121.87.5 6. How much United States money in 500 francs ? Ans. D94.00 DISCOUNT. DISCOUNT is an allowance made for the payment...and its present worth. The present worth of any sum or debt not yet due, is so much as would, if put to interest, produce a sum equal to the discount ;... | |
 | Arithmetic - 1846 - 258 pages
....ut for, to cover 1800 dollars when the premium is lOper cent.? Ans. 82000 DISCOUN 1 DEFINITION. — Discount is (') an allowance made for the payment...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... | |
 | Almon Ticknor - Arithmetic - 1846 - 276 pages
...is an allowance made for the payment of anj of money before it becomes due, and is the difference be that sum, due some time hence, and its present worth/" ' The present worth of any sum or debt not yet duefls so* as would, if put to interest, produce a sum equal to the discount ; or the... | |
 | James Robinson (of Boston.) - 1847 - 304 pages
...be the compound interest of $1500 for 5 years, at 6 per cent., payable yearly ? DISCOUNT. Art. 151 . DISCOUNT is an allowance made for the payment of any sum of money or debt, which is not on interest, before it is due ; or it is the difference between any given... | |
 | Nathan Daboll, David Austin Daboll - Arithmetic - 1849 - 260 pages
...you calculate interest for What is the Rule for Compound Intermonths and days, at 6 per cent ? est ? DISCOUNT Is an allowance made for the payment of any sum of money before it becomes due. After the discount is deducted, the remainder is the present worth ; or, such a sum as, if put at interest,... | |
 | John Bonnycastle - 1851 - 314 pages
...annum in the long annuities, which will terminate in 18 years, at 12$ years' purchase? Ans. 618/. 15s. 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. The present worth of... | |
 | Benjamin Greenleaf - Algebra - 1852 - 348 pages
...ds, 33jf inches. SECTION XXIII. DISCOUNT AT SIMPLE INTEREST. ART. 287. Discount is an allowance for the payment of any sum of money before it becomes due, and is the difference between that sum and its present worth. The present worth of any sum, due some time hence, is such a sum, as, if put... | |
 | Benjamin Greenleaf - Algebra - 1854 - 374 pages
...SECTION XXV. DISCOUNT AT SIMPLE INTEREST. ART. 291 i Discount is an allowance for the payment of anj sum of money before it becomes due, and is the difference between that sum and its present worth. The present worth of any sum due some time hence is such a sum as, if put at... | |
 | James Robinson - Accounting - 1856 - 108 pages
...received three hundred dollars. "What was the balance due on this note January 1, 1856 ? ARTICLE XXXII. DISCOUNT. Discount is an allowance made for the payment of any sum of money or debt, which is not on interest, before it is due ; or it is the difference between any given... | |
 | Benjamin BAYLY (of Spitalfields.) - 1862 - 182 pages
...balance in favor of the discount of £135 But the Eule of Interest should not be used in calculating the allowance made for the payment of any sum of money before it becomes clue, for interest is the premium, or money, which one person allows to another for the use of any... | |
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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... 
