The National Arithmetic on the Inductive System: Combining the Analytic and Synthetic Methods : Forming a Complete Course of Higher ArithmeticRobert S. Davis & Company, 1878 - 450 σελίδες |
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Σελίδα 295
... premium , when for more than their original value ; below par , or at a discount , when for less than their original value . 398. The premium and discount on stocks are generally computed at a certain per cent . on the original or ...
... premium , when for more than their original value ; below par , or at a discount , when for less than their original value . 398. The premium and discount on stocks are generally computed at a certain per cent . on the original or ...
Σελίδα 296
... premium , or at a discount . Ex . 1. What is the value of 20 shares of bank stock , at 9 per cent . premium , their nominal or par value being $ 100 each ? OPERATION . $ 100 × 20 = $ 2000 ; $ 2000 × 1.09 = $ 2180 . Since the par value ...
... premium , or at a discount . Ex . 1. What is the value of 20 shares of bank stock , at 9 per cent . premium , their nominal or par value being $ 100 each ? OPERATION . $ 100 × 20 = $ 2000 ; $ 2000 × 1.09 = $ 2180 . Since the par value ...
Σελίδα 306
... premium of 15 per cent . , and thereby gained $ 120 . How many shares were there ? Ans . 8 shares . 2. Mining stock of a par value of $ 250 per share was bought at 9 per cent . premium , and afterwards sold at a loss of $ 25 per share ...
... premium of 15 per cent . , and thereby gained $ 120 . How many shares were there ? Ans . 8 shares . 2. Mining stock of a par value of $ 250 per share was bought at 9 per cent . premium , and afterwards sold at a loss of $ 25 per share ...
Σελίδα 335
... premium of insurance on any given amount at a specified rate . Ex . 1. What would be the premium for insuring a house , valued at $ 5728 , at 12 per cent . ? Ans . $ 100.24 . OPERATION . $ 5728 × .01 = $ 100.24 . RULE . Find the ...
... premium of insurance on any given amount at a specified rate . Ex . 1. What would be the premium for insuring a house , valued at $ 5728 , at 12 per cent . ? Ans . $ 100.24 . OPERATION . $ 5728 × .01 = $ 100.24 . RULE . Find the ...
Σελίδα 336
... premium . Ex . 1. For what sum must a policy be taken out , to cover both property and premium , the value of the property being $ 2475 , and the rate of insurance 10 per cent . ? OPERATION . $ 2475.90 = $ 2750 . Since the sum to be ...
... premium . Ex . 1. For what sum must a policy be taken out , to cover both property and premium , the value of the property being $ 2475 , and the rate of insurance 10 per cent . ? OPERATION . $ 2475.90 = $ 2750 . Since the sum to be ...
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12 per cent acres amount annexed annuity Arithmetic arithmetical series balance barrels becomes due bill bought bushels carats ciphers column common difference common fraction compound interest compound numbers contain continued fraction cords cost cube root cubic diameter Divide dividend division dollars equal EXAMPLES exchange expressed decimally figures gain gallons given number given rate grain greatest common divisor Hence hogshead hundred inches indorser last term least common multiple less longitude lowest terms miles minuend mixed number months multiplicand Multiply NOTE number denoting number of days number of terms obtain paid par value payable payment pound sterling pounds premium present worth prime factors principal proportion quantity quotient rate per cent ratio received Reduce remainder repetend RULE SECOND OPERATION shillings side sold square root subtract tens third thousand tons trial divisor true divisor weight whole numbers wine write yards