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" Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient will be the average term of credit. "
For sixth, seventh, and eighth grades - Page 362
by George Edward Atwood - 1894
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The North American Arithmetic: Part Third, for Advanced Scholars, Volume 3

Frederick Emerson - Arithmetic - 1834 - 300 pages
...sum of them by the sum of the debts. RULE. Multiply each debt by the time, in which it is payable, and divide the sum of the products by the sum of the debts: the quotient will be the equated time. 1. If I owe you 50 dollars payable in 4 months, 75 dollars payable in 6 months, and 100...
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The North American Arithmetic: Part Third, for Advanced Scholars

Frederick Emerson - Arithmetic - 1835 - 300 pages
...sum of them by the sum of the debts. * RULE. Multiply each debt by the time' in which it w payable, and divide the sum of the products by the sum of the debts: tliti quotient will be the equated time. 1. Ifcl owe you 50 'dollars payable in 4 months, 75 dollars...
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A New System of Arithmetic, on the Cancelling Plan: Embracing the Rules of ...

Charles Guilford Burnham - Arithmetic - 1837 - 266 pages
...75-r-15=5 months, the answer. Hence the RULE. Multiply each payment by the time when it becomes due, and divide the sum of the products by the sum of the payments, and the quotient will be the time required. 2. A merchant has owing him $420, to be paid...
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An Essay on Probabilities: And on Their Application to Life Contingencies ...

Augustus De Morgan - Annuities - 1838 - 380 pages
...of 4 and 1, and the method of finding an average is this : multiply every observation by its weight and divide the sum of the products by the sum of the weights. Such a method was adopted before the theory of probabilities was applied to the subject, as...
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Mental and Practical Arithmetic

Charles Davies - Arithmetic - 1838 - 292 pages
...the whole ? OPERATION. We here multiply each sum 200 x 2 = 400 by the time at which it becomes due, and divide the sum of the products by the sum of the payments. 200x4= 800 200x6 = 1200 600 )24|00 Ans. 4 months. . 3. A merchant owes $600, of which $100...
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The North American Arithmetic: For Advanced Scholars. part third

Frederick Emerson - Arithmetic - 1839 - 300 pages
...sum oi them by the sum of the debts. RULE. Multiply each debt by the time, in which it is payable, and divide the sum of the products by the sum of the debts: the quotient will be the equated time. 1. If I owe you 50 dollars payable in 4 months, 75 dollars payable in 6 months, and 100...
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Adams's New Arithmetic: Arithmetic, in which the Principles of Operating by ...

Daniel Adams - Arithmetic - 1840 - 278 pages
...find the mean lime for several payments, — RULE • — Multiply each sum by its time of payment, and divide the sum of the products by the sum of the payments, and the quotient will be the answer. Note. This rule is founded on the supposition, that...
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A New System of Arithmetic: In which is Explained and Applied to Practical ...

Calvin Tracy - Arithmetic - 1840 - 316 pages
...following rule : RULE. — Multiply each payment by the time which must elapse before it becomes due, and divide the sum of the products by the sum of the payments. 2. A. owes me $50, payable in 4 months ; $100, payable in 10 months ; and $150, payable in...
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A Practical Treatise on Arithmetic ...: Combining the Useful Properties of ...

George Leonard (jr.) - Arithmetic - 1841 - 350 pages
...either debtor or creditor, merchants usually Multiply each debt by the time to elapse before it is due, and divide the sum of the products by the sum of the debts. Though this method is inaccurate it is easy, and experiment shows it may be employed without much error,...
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A Practical Treatise on Arithmetic, [etc.].

George Leonard - Arithmetic - 1841 - 354 pages
...either debtor or creditor, merchants usually Multiply each debt by the time to elapse before it is due, and divide the sum of the products by the sum of the debts. Though this method is inaccurate it is easy, and experiment shows it may be employed without much error,...
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