 | Nathan Daboll - Arithmetic - 1815 - 250 pages
...the compound interest of 876 dols. 90 cts.. for 3 A years, at 6 per c ent. per annum ? ' DISCOUNT, JS 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... | |
 | Daniel Adams - Arithmetic - 1816 - 222 pages
...spend pev annum ? Ans. Their income is 8200 per tmn. A spends 8I75, 8f B 205 per arm. $11. DISCOUNT. DISCOUNT is an allowance made for the payment of any sum of moiiey before it becomes due, and is the difference between that sum, due sometime hence, and its present... | |
 | Arithmetic - 1818 - 264 pages
...cent ? Ans. g 13 89£ cts. DISCOUNT. DISCOUNT is an allowance made for the payment of any sum •f money before it becomes due ; and is the difference...that sum due some time hence, and its present worth. Tbejiresent worth of any sum, or debt, due sometime hence, is such a sum, as, if put to interest, would... | |
 | Daniel Adams - Arithmetic - 1820 - 242 pages
...spend per annum ? Am. Their income it $200 per aim. A spends $175, <fr B 205 per aim. } 11. DISCOUNT. DISCOUNT is an allowance made for the payment of any sum of money before it becomes due, und is the difference between that sum, due sometime hence, and its present worth. The present worth... | |
 | Nathan Daboll - Arithmetic - 1821 - 244 pages
...cfc, for 3 i years, at 6 per cent, per annum ? Ans. £198, 83cte.-fr DISCOUNT. 135 DISCOUNT, JS 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... | |
 | Beriah Stevens - Arithmetic - 1822 - 436 pages
...snt worth, as require^. THSCOUXT Is an allowance made for tIu? payment of any sum of money beT fore it becomes due, and is the difference between that...and its present worth. The present worth of any sum, oc debt, due some time hence, i» such a sum, as if pot to interest, would in that time, and at the... | |
 | Thomas Keith - Arithmetic - 1822 - 354 pages
...purchase, and the quotient will give the rate per cent. DISCOUNT. Definition. Discount, or Rebate, is an allowance made for the payment; of any sum of money before it becomes due : and the present worth of any sum, or debt, is such a sum as, if put to interest for the time, and at the... | |
 | Leonard Pierce - Arithmetic - 1823 - 170 pages
...due. 1 Tut. Discount is *n allowance made by the creditor to the debtor, for the payment of a debt before it becomes due, and is the difference between that sum, due sometime hence, and its present worth. If A. owe Bi $500, payable in 6 months, with interest, after... | |
 | Daniel Adams - Arithmetic - 1825 - 238 pages
...Ans. Their income is $200 per ann. A ipendi g 175, 4- В 205 per arm. f 11. DISCOUNT. DISCOUNT is ao allowance made for the payment of any sum of money...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... | |
 | Nicolas Pike, Dudley Leavitt - Arithmetic - 1826 - 214 pages
...tare, and 7 pounds per hogshead tor draft or scalage, at -03 cents per pound ? Ans. $1150-38. DISCOUNT. DISCOUNT is an allowance made for the payment of any sum of money before it becomes due ; or it ic the difference between any sum due at some future time, and its present worth. The present... | |
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The present worth of any sum, due some time hence, is such a sum, as, if put to interest, would in that time, and at the rate per cent. for which the discount is to be made, amount to the sum or debt then due. 
