 | John Groesbeck - Arithmetic - 1868 - 350 pages
...Multiply each succeeding amount by the time intervening between the earliest date and the time the amount becomes due. Divide the sum of the products by the sum of the debts; the quotient will be the average time required. Add this average time to the day of maturity... | |
 | John Fair Stoddard - Arithmetic - 1868 - 428 pages
...is July 4, 1865, or 6mo. from January 4. Rule. — Multiply each sum due 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. NOTE. — This Rule, though sanctioned by custom,... | |
 | Whitman Peck - Arithmetic - 1868 - 304 pages
...51 " =$25500 " $1200 X— " =)$75100 Ans. 63 days. RULE. — Multiply each payment by its time, and divide the sum of the products by the sum of the payments. This rule is according to bank discount. If the date is required, reckon the equated time from the... | |
 | John Fair Stoddard - Arithmetic - 1888 - 480 pages
...is July 4, 1865, or 6rno. from January 4. Rule. — Multiply each sum due 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 creditF NOTE. — This Rule, though sanctioned by custom,... | |
 | John Groesbeck - Business mathematics - 1871 - 370 pages
...Multiply each succeeding amount by the time intervening between the earliest date and the time the amount becomes due. Divide the sum of the products by the sum of the debts; the quotient will be the average time required. Add this average time to the day of maturity... | |
 | John Groesbeck - 1872 - 374 pages
...Multiply each succeeding amount by the time intervening between the earliest date and the time the amount becomes due. Divide the sum of the products by the sum of the debts; the quotient will be the average time required. Add this average time to the day of maturity... | |
 | George Payn Quackenbos - Arithmetic - 1872 - 350 pages
...through Ex. 1. 434. RULE. — To equate two or more payments, multiply each payment by its time, and divide the sum of the products by the sum of the payments. The times of the several payments must be in the same denomina. tion, and this will be the denomination... | |
 | David White Goodrich - Ready-reckoners - 1873 - 220 pages
...with diffeeent terms of ceedit. Product Method. Rule. Multiply each debt by its term of credit, and divide the sum of the products by the sum of the payments. EXAMPLE. (1.) When may $2,400 be paid, if $600 be due in 4 mos., $800 in 6 mos., and $1000 in 12 mos.... | |
 | Daniel W. Fish - Arithmetic - 1874 - 302 pages
...$2500 for ^5 of 17000 mo. , or 6| mo. KTJLE.— I. Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient is the average term of credit. II. (To find the equated time of payment,) Add the average... | |
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RULE.* — 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 true time required. 
