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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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A New System of Arithmetic on an Improved Plan

Charles Guilford Burnham - 1850 - 350 pages
...12j cts., the worth of 1 pound of the mixture. Hence the RULE. Multiply each quantity by its price, and divide the sum of the products by the sum of the quantities. The quotient will be the rate of the compound required. EXAMPLES. 2. A grocer mixes sugar,...
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The Speedy Calculator: Being a System of Arithmetic

Benjamin Naylor - 1850 - 334 pages
...above illustration we infer the following RULE. Multiply each payment by the time at which it is due, and divide the sum of the products by the sum of the payments, and the quotient will be the equated time. 2. E owes G $2400, of which $480 are to be paid...
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The University Arithmetic: Embracing the Science of Numbers, and Their ...

Charles Davies - Arithmetic - 1850 - 412 pages
...the payments.) Hence, to find the mean time, Multiply each payment by the time before it becomes due, and divide the sum of the products by the sum of the payments : the quotient will be the mean time. EXAMPLES. 1. B owes A $600: $200 is to be paid in two...
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Arithmetic, Practically Applied ...

Horace Mann - 1851 - 384 pages
...several debts : Multiply each charge by the time which has elapsed from jfhe date of the first bill, and divide the sum of the products by the sum of the bills. To find the equated time for the settlement of an account, in which there are both debits and...
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A Theoretical and Practical Arithmetic: Designed for Common Schools and ...

Daniel Leach - Arithmetic - 1851 - 280 pages
...price of each ingredient and the quantity are given, — RULE. Multiply each ingredient by its price, and divide the sum of the products by the sum of the ingredients. The quotient will be the price of the mixture. 1. A grocer mixed 10 pounds of tea worth...
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The U.S. Law Cabinet

Isaac Ridler Butts - 1852 - 596 pages
...AVERAGE PAYMENT OF DIFFERENT PAYMENTS. 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— as follows : fiought at 4 months' credit. When is the equated time qf payment ? 1851. Anfl. Days. Products....
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A Treatise on Practical Book-keeping and Business Transactions: Embracing ...

Joseph Howard Palmer - Accounting - 1852 - 188 pages
...each debt by the number of days from the date when due, to the latest date when any debt becomes due. Divide the sum of the products by the sum of the debts, and the quotient will give the number of days when due, counted back from the latest date. 52. BALANCE...
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School Arithmetic: Analytical and Practical

Charles Davies - 1852 - 344 pages
...the payments.) Hence, to find the mean time, Multiply each payment by the time before it becomes due, and divide the sum of the products by the sum of the payments : the quotient will be the mean time. EXAMPLES. 1. B. owes A $600 ; $200 is to be paid in...
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A Theoretical and Practical Arithmetic: Designed for Common Schools and ...

Daniel Leach - Arithmetic - 1853 - 622 pages
...several sums, due at different periods. 244. RULE. Multiply each sum by the time before it becomes due, and divide the sum of the products by the sum of the payments. OBS. 1. This rule has been considered by many as incorrect ; but it is as correct as any...
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Arithmetic, for the use of schools

Thomas Grainger Hall - 1853 - 268 pages
...either to the debtor or creditor. Rule. — Multiply each debt by the time at which it is due, then divide the sum of the products by the sum of the debts, and the quotient will be the equated time. Ex. (1.) A owes 5001., 2001. is due at the end of 9 months,...
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