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" Multiply each payment by the time at which it is due; then divide the sum of the products by the sum of the payments, and the quotient will be the equated time, nearly. "
A New System of Arithmetic on an Improved Plan - Page 217
by Charles Guilford Burnham - 1850
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The Normal Higher Arithmetic: Designed for Common Schools, High Schools ...

Edward Brooks - Arithmetic - 1877 - 564 pages
...Hence the adding, we have the sum equivalent to a Rule.—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. 2. It is objected to this rule that the interest on....
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The Normal Union Arithmetic: Graded Course, Part 3

Edward Brooks - Arithmetic - 1877 - 232 pages
...$1, for 1500 months; if $1 has a credit 1500 Rule. — 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. NOTES. — 1. If there are cents in any of the payments,...
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The New Normal Written Arithmetic: Designed for Common Schools, Normal ...

Edward Brooks - Arithmetic - 1877 - 444 pages
...of 1500 months, which is 3j months. Hence the Rule. — 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. NOTES. — 1. If there are cents in any of the payments,...
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The Practical Arithmetic on the Inductive Plan: Including Oral and Written ...

William James Milne - Arithmetic - 1877 - 418 pages
...mo., 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. HB Claflin & Co. sold a bill of goods amounting...
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Ray's New Practical Arithmetic: A Rev. Ed. of the Practical Arithmetic

Joseph Ray - Arithmetic - 1877 - 402 pages
...interest 30 -<- 6 = 5 mo. Rule. — 1. Multiply each payment by the time to elapse till it becomes due. 2. Divide the sum of the products by the sum of the payments ; the quotient will be the equated time. REM. — When one of the payments is due on the day from wh...
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The Accountant: For Public Schools and Academies

Millard R. Powers - Accounting - 1877 - 166 pages
...long, or 5 months. Hence the Product Method. RULE. Multiply each item or ilebt by its term of credit, and divide the sum of the products by the sum of the items; the quotient will be til* average term of credit. "When the term of a note or bill is expressed...
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Ray's New Higher Arithmetic: A Revised Edition of the Higher Arithmetic

Joseph Ray - Arithmetic - 1880 - 420 pages
...at the same date, we have the following rule : 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 equated time. 326. If the account has credits as well as debits, it...
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The Bryant and Stratton Business Arithmetic

H. Bryant - 1881 - 574 pages
...quality of 1 oz. is 20. RULE. Multiply the value or quality of each article by the number of articles, and divide the sum of the products by the sum of the articles. The quotient will te the average value or quality of the mixture. 3. A grocer mixed 15 Ib....
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Concise system of arithmetic, re-arranged and enlarged by A. Trotter

A. Melrose - 1881 - 314 pages
...mixture, when the quantities and rates of the simples are given. RULE. Multiply each quantity by its rate, and divide the sum of the products by the sum of the quantities. 1. Eight Ib. of sugar, at 4d. per Ib., were mixed with 5 Ib. at 5d., and 7 Ib. at 8d. ;...
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The Complete Arithmetic, Oral and Written, on the Basis of Works

Henry Bartlett Maglathlin - Arithmetic - 1882 - 398 pages
...average time. 334. Rule to find the Average Time of Payment. 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. This added to the date from which the credits...
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