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" RULE. — Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. "
A New Complete Arithmetic: Uniting Oral and Written Exercises - Page 264
by Emerson Elbridge White - 1883 - 360 pages
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An Advanced Arithmetic, Theoretical and Practical

James William Nicholson - Arithmetic - 1889 - 408 pages
...the earliest date when a debt is due, and multiply each debt by its term of credit thus found. I next divide the sum of the products by the sum of the debts, and the quotient is the average term of credit. Finally, I find the equated time by adding the average...
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The New Model Arithmetic

Henry Holmes Belfield - Arithmetic - 1891 - 362 pages
...rate of interest may be assumed with the same result. Hence, 641. I. Multiply each debt by its term of credit and divide the sum of the products, by the sum of the debts: the quotient is ike average term of credit. Or, II. Compute the interest of each debt for its term...
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Standard Arithmetic: Embracing a Complete Course for Schools and Academies

William James Milne - Arithmetic - 1892 - 440 pages
...2200 months, which is 2 months, the average term of credit. RULE. — Multiply each debt by its term of credit, and divide the sum, of the products by the sum of the debts. The quotient will be the average term of credit. 2. The HB Clafliu Co. sold a bill of goods amounting...
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National Newspaper Directory and Gazetteer: Containing a Complete Classified ...

Pettingill, firm, newspaper advertising agents - Advertising - 1892 - 514 pages
...angle is 184. RULE. — Multiply the amount of each debt by the time in which it is payable (in days), and divide the sum of the products by the sum of the debts. EXAMPLE. — Bought on three months' time. This is equated time of payment. Add one day if February...
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For sixth, seventh, and eighth grades

George Edward Atwood - Arithmetic - 1894 - 396 pages
...of payment when the terms of credit begin at the same time. BULE. — Multiply each debt by its term of credit and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. Add the average term of credit to the date at which...
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Mathematics for Common Schools: A Manual for Teachers, Including Definitions ...

John Henry Walsh - 1896 - 282 pages
...of Payment when the Terms of Credit begin at the Same Date. RULE. — Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. Add the average term of credit to the date of the...
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A Manual for Teachers: Including Definitions, Principles, and Rules and ...

John Henry Walsh - Mathematics - 1895 - 402 pages
...of Payment when the Terms of Credit begin at the Same Date. EULE. — Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. Add the average term of credit to the date of the...
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The Normal Standard Arithmetic: By Analysis and Induction, Designed for ...

Edward Brooks - Arithmetic - 1895 - 424 pages
...debt becomes due, and multiply each debt by its term of credit reckoned from the date selected. II. Divide the sum of the products by the sum of the debts, and the quotient will be the average term of credit, estimated from the date selected. When the earliest...
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A Practical Arithmetic

George Albert Wentworth - Arithmetic - 1896 - 490 pages
...Multiply each of the other debts by the number of days from the, standard date that it becomes due and divide the sum of the products by the sum of the debts. The quotient is the number of days that must be added to the standard date to find the average time...
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A Practical Arithmetic

George Albert Wentworth - Arithmetic - 1897 - 480 pages
...date. Multiply each of the other debts by the number of days from the standard date that it becomes due and divide the sum of the products by the sum of the debts. The quotient is the number of days that must be added to the standard date to find the average time...
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