 | Bothwell Graham - Arithmetic - 1895 - 240 pages
...Find the amount of the note, or account, from the time interest began to the time of final settlement. Find the amount of each payment from the time it was made to the time of final settlement; and from the amount of the principal subtract the sum of the amounts of the payments... | |
 | Edwin Crawford Hewett - Arithmetic - 1897 - 376 pages
...made. It is called the Mercantile Rule: Find the amount of the principal at the time of settlement, find the amount of each payment from the time it was made to the time of settlement. From the amount of the principal subtract the amount of the payments. EXERCISES. 244. 1. On a note... | |
 | Frank H. Hall - Education - 1898 - 296 pages
...the — Merchants' Rule. — Find the amount of the face of the note from the date to maturity. Then find the amount of each payment from the time it was made to the maturity of the note. From the amount of the face of the note subtract the sum of the amounts of the... | |
 | Frank H. Hall - Arithmetic - 1898 - 332 pages
...the — Merchants' Rule. — Find the amount of the face of the note from the date to maturity. Then find the amount of each payment from the time it was made to the maturity of the note. From the amount of the face of the note subtract the sum of the amounts of the... | |
 | Frank H. Hall - Arithmetic - 1898 - 326 pages
...called the— Merchants' Rule.—Find the amount of the face of the note from the date to maturity. Then find the amount of each payment from the time it was made to the maturity of the note. From the amount of the face of the note subtract the sum of the amounts of the... | |
 | Frank H. Hall - Arithmetic - 1898 - 298 pages
...— . Merchants' Rule. — Find the amount of the face of the note from the date to maturity. Then find the amount of each payment from the time it was made to the maturity of the note. From the amount of the face of the note subtract the sum of the amounts of the... | |
 | W. H. F. Henry - Questions and answers - 1899 - 440 pages
...Partial Payments f Find the amount of the principal from the date of the note to the time of settlement ; find the amount of each payment from the time it was made to the time of settlement, and subtract their sum from the first result. 180. What is the Connecticut Rule in Partial Payment*... | |
 | Frank H. Hall - Arithmetic - 1899 - 462 pages
...the — MERCHANTS' RULE. — Find the amount of the face of the note from the date to maturity. Then find the amount of each payment from the time it was made to the maturity of the note. From the amount of the face of the note subtract the sum of the amounts of the... | |
 | Frank H. Hall - Arithmetic - 1899 - 456 pages
...the— MERCHANTS' RULE.—Find the amount of the face of the note from the date to maturity. ' Then find the amount of each payment from the time it was made to the maturity of the note. From the amount of the face of the note subtract the sum of the amounts of the... | |
 | William Kent - Engineering - 1902 - 1204 pages
...interest. Mercantile Method.— When partial payments are made on short notes or interest accounts, business men commonly employ the following method...to the time of settlement. Subtract the amount of payments from the amount of the debt; the remainder will be the balance due. ANNUITIES. An Annuity... | |
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Find the amount of each payment from the time it was made to the time of settlement. III. Subtract the sum of the amounts of the payments from the amount of the principal, and the remainder will be the sum due. 
