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" RULE. — Divide the given sum by the amount of $1 for the given time and rate, and the quotient will be the PRESENT WORTH. from the given sum subtract the present worth, and the remainder will be Hie DISCOUKT. "
Howard's California Calculator: The Newest, Quickest and Most Complete ... - Page 73
by C. Frusher Howard - 1874 - 94 pages
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Introduction to the National Arithmetic, on the Inductive System ...

Benjamin Greenleaf - Arithmetic - 1848 - 204 pages
...SECOND METHOD. 25.44 1.0 6) 2 5.4 4 ($2 4 Ans. 1 00 212 106)2544(824 Ans. 424 212 424 424 424 RULE. ' Divide the given sum by the amount of $1 for the given rate and time, and the quotient will be the present worth. Or, multiply the given sum by 100, and divide...
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A New System of Arithmetic on an Improved Plan

Charles Guilford Burnham - 1850 - 350 pages
...year hence. From the above we derive the following RULE. Art. 218i — To find the present worth — Divide the given sum by the amount of $1 for the given time, and the quotient will be the PRESENT WORTH. The present worth, subtracted from the debt, will leave the...
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Arithmetic, Practically Applied ...

Horace Mann - 1851 - 384 pages
...compound discount, or to find the present worth at compound interest, of any sum due at a future time, divide the given sum by the amount of $1 for the given time. EXAMPLE. — Whemnoney is worth 5 per cent. compound interest, what is the present worth of $5000 due...
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The National Arithmetic on the Inductive System: Combining the Analytic and ...

Benjamin Greenleaf - Arithmetic - 1857 - 452 pages
...from the given sum, gives $ 0.72 as the discount. RULE. — Divide the given sum by the amount of $ 1 for the given time and rate, and the quotient will be the PRESENT WORTH. From the given sum subtract the present worth, and the remainder will be the DISCOUNT. EXAMPLES. 2....
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Burnham's Arithmetic, Revised: A New System of Arithmetic, on an Improved ...

Charles Guilford Burnham - Arithmetic - 1857 - 328 pages
...year hence. From the above we derive the following RULE. Art* 213. — To find the present wortli — Divide the given sum by the amount of $1 for the given time, and the quotient will be the PRESENT WORTH. The present worth, subtracted from the dtbt, will leave the...
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A New System of Arithmetic, on an Improved Plan, Embracing the Rules of ...

Charles Guilford Burnham - 1857 - 342 pages
...year hence. From the above we derive the following RULE. Al'ti 213. — To find the present worth — Divide the given sum by the amount of $1 for the given time, and the quotient will be the I"I:E.SEXT WORTH. The present worth, subtracted from the debt, will leave...
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Arithmetic: Practically Applied, for Advanced Pupils, and for Private ...

Horace Mann, Pliny Earle Chase - Arithmetic - 1857 - 398 pages
...compound discount, or to find the present worth at compound interest, of any sum due at a future time, divide the given sum by the amount of $1 for the given time, EXAMPLE. — When money is worth 5 per cent, compound interest, what is the present worth of $5000...
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Arithmetic, Practically Applied, for Advanced Pupils, and for Private ...

Horace Mann, Pliny Earle Chase - Arithmetic - 1857 - 388 pages
...compound discount, or to find the present worth at compound interest, of any sum due at a future time, divide the given sum ~by the amount of $1 for the given time. EXAMPLE. — When money is worth 5 per cent. compound interest, what is the present worth of $5000...
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A Treatise on Arithmetic, Combining Analysis and Synthesis: Adapted to the ...

James Stewart Eaton - Arithmetic - 1857 - 376 pages
...becoming due. 228. The rule for finding the present worth is that given in Prob. 4, Art. 210 ; viz.: — Divide the given sum by the AMOUNT of $1 for the given rate and time. 229. The DISCOUNT is found by subtracting the present worth from the face of the debt....
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Practical Arithmetic: Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - Arithmetic - 1858 - 400 pages
...interest? 260« To find the present worth and the discount of a sum or debt, for any given time or rate. Divide the given sum by the, amount of $1, for the...and rate, and the quotient will be the present worth of the debt. Subtract the present worth from the given sum or debt, and the remainder will be the discount....
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