 | T. A. Bryce - Business mathematics - 1873 - 370 pages
...worth of any sum, and the discount for any time, at any rate per cent., we have the following RULE. Divide the given sum by the amount of $1 for the given...rate? and the quotient will be the present worth. From the given sum subtract the present worth, and the remainder the discount. EXERCISES. 2. What is... | |
 | William James Milne - Arithmetic - 1877 - 418 pages
...$784.25, which is 687.94 times. Therefore, the present worth is $687.94. RULE.—Divide the amount due by the amount of $1, for the given time and rate, and the quotient will be the present worth. Subtract the present worth from the amount due, and the remainder will be tlte true discount. What... | |
 | Samuel Mecutchen, George Mornton Sayre - Arithmetic - 1877 - 200 pages
...$2164.7385, or $500. RULE. Divide the given present worth by the present worth of $1, or the given amount by the amount of $1, for the given time and rate, and the quotient will be the required annuity. 2. The amount of a ground-rent, which has been forborne for 5 years, is $2762.815;... | |
 | Horatio Nelson Robinson, Daniel W. Fish - Arithmetic - 1877 - 374 pages
...contained times in $88.125 ; dividing, we obtain $75, the required principal. RULE. Divide the given amount by the amount of $1 for the given time and rate, and the quotient will le the principal required. EXAMPLES FOE PRACTICE. 2. What principal, at 6 per cent., will amount to... | |
 | William James Milne - Arithmetic - 1877 - 402 pages
...$784.25, which is 687.94 times. Therefore, the present worth is $687.94. RULE. — Divide the amount due by the amount of $1, for the given time, and rate, and the quotient wul be the present worth. Subtract the present worth from the amount due, and the remainder will be... | |
 | Samuel Mecutchen, George Mornton Sayre - Arithmetic - 1877 - 200 pages
...$2164.7385, or $500. RULE. Divide the given present worth by the present worth of $1, or the given amount by the amount of $1, for the given time and rate, and the quotient mil be the required annuity. 2. The amount of a ground-rent, which has been forborne for 5 years, is... | |
 | Edward Brooks - Arithmetic - 1877 - 438 pages
...contained times $585_i-l 30=$450 Ant in $585, which is $450. Hence '" ''"•'' "'••' ' Rule. — I. Divide the given sum by the amount of $1 for the given rate and time, to find the present worth. II. Subtract the present worth from the given sum to fina... | |
 | Edward Brooks - Arithmetic - 1877 - 232 pages
...times $5g5-1-i 30=$450 Ans in $585, which is $450. Hence •••••-. - .-..,- i. Rule. — I. Divide the given sum by the amount of $1 for the given rate and time, to find the, present worth. NOTE. — When several payments are made without interest,... | |
 | Edward Brooks - Arithmetic - 1877 - 528 pages
...^95 _ $313.8! times $1 as $1.195 is contained times in $375, which is $313.81. Hence the Rule. — I. Divide the given sum by the amount of $1 for the given rate and time, to find the present worth. II. Subtract the present worth from the given sum, to find... | |
 | Edward Brooks - Arithmetic - 1877 - 444 pages
...$1.30 is contained times $5g5_i_l 30=$450 Ana in $585, which is $450. Hence ''"" " '" " Rule. — I. Divide the given sum by the amount of $1 for the given rate and time, to find the present worth II Subtract the present worth from the given sum to find the... | |
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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. 
