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" worth of any debt, note, or other obligation, is the amount of it, less the discount. 307. The true present worth of a debt payable at a future time without interest, is such a sum as, being put at legal interest, "
Fish's Arithmetic Number Two: Oral and Written, Upon the Inductive Method - Page 205
by Daniel W. Fish - 1883 - 352 pages
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The Grammar-school Arithmetic: Being Book Second of the Analysis of Written ...

Stoddard A. Felter - Arithmetic - 1868 - 360 pages
...made for the payment of a debt before it is due. Its symbol is D. 237. The Present Worth of a sum due at a future time without interest is such a sum as, being placed at interest, will equal the given debt when it becomes due. The symbol is PW. The terms present...
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The Grammar-school Arithmetic: Being Book Second of the Analysis of Written ...

Stoddard A. Felter - Arithmetic - 1868 - 368 pages
...made for the payment of a debt before it is due. Its symbol is D. 237. The Present Worth of a sum due at a future time without interest is such a sum as, being placed at interest, •will equal the given debt when it becomes due. The symbol is PW. The terms present...
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The Common School Arithmetic: Combining Analysis and Synthesis : Adapted to ...

James Stewart Eaton - Arithmetic - 1869 - 324 pages
...DISCOUNT. 959. Discount is an abatement or deduction made for tha payment of a debt before it is due. The present worth of a debt, payable at a future time without interest, is, evidently, a sum which, put at legal interest, will amount to the debt at the time of its becoming...
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New Practical Arithmetic in which the Science and Its Applications are ...

Henry Bartlett Maglathlin - Arithmetic - 1869 - 332 pages
...Ans. $2.465-|- more by the latter method. PRESENT WORTH. 303. The Present Worth of a sum of money, payable at a future time without interest, is such a sum as, being placed at interest, at the given rate, will amount to the debt when it becomes due. The DISCOUNT is...
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Robinson's Progressive Practical Arithmetic: Containing the Theory of ...

Horatio Nelson Robinson, Daniel W. Fish - Arithmetic - 1858 - 378 pages
...DISCOUNT. Discount is an abatement or allowance made for the payment of a debt before it is due. 396. The Present Worth of a debt, payable at a future time...interest, is such a sum as, being put at legal interest, will amount to the given debt when it becomes due. 1. A owes B $321, payable in 1 year; what is the...
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Robinson's Progressive Practical Arithmetic: Containing the Theory of ...

Horatio Nelson Robinson, Daniel W. Fish - Arithmetic - 1871 - 384 pages
...395. Discount is an abatement or allowance made for the payment of a debt before it is due. 326. The Present Worth of a debt, payable at a future time...interest, is such a sum as, being put at legal interest, will amount to the given debt when it becomes due. 1. A owes B $321, payable in 1 year; what is the...
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Robinson's Progressive Practical Arithmetic: Containing the Theory of ...

Horatio Nelson Robinson, Daniel W. Fish - Arithmetic - 1871 - 384 pages
...325. Discount is an abatement or allowance made for the payment of a debt before it is due. 326. The Present Worth of a debt, payable at a future time...interest, is such a sum as, being put at legal interest, will amount to the given debt when it becomes due. 1. A owes B $321, payable in 1 year; what is the...
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A Common School Arithmetic

Daniel Barnard Hagar - Arithmetic - 1871 - 352 pages
...days, and 5% off for cash. What was the cash value of the bill ? Ans. $837.90. TKUE DISCOUNT. 509. The Present Worth of a debt payable at a future time,, •without interest, is such a sum as, being placed at interest, will amount to the given debt when it becomes due. Thus, $100 is the present worth...
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New Practical Arithmetic in which the Science and Its Applications are ...

Henry Bartlett Maglathlin - 1871 - 336 pages
....4ns. $2.465-)- more by the latter method. PRESENT WORTH. 303. The Present Worth of a sum of money, payable at a future time without interest, is such a sum as, being placed at interest, at the given rate, will amount to the debt when it becomes due. The DISCOUNT is...
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The Common School Arithmetic: Combining Analysis and Synthesis; Adapted to ...

James Stewart Eaton - 1871 - 352 pages
...DISCOUNT is an abatement or deduction made for the payment of a debt before it is due. The PBESENT WORTH of a debt, payable at a future time without interest, is, evidently, a sum which, put at legal interest, will amount to the debt at the time of its becoming...
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