 | George Nixon Comer - 1846 - 122 σελίδες
...by the total debt; the quotient is the time at which, all the money ought to be paid. NOTE.—This rule is founded on the supposition that we are to...and from the 2d March to the 17th April 46; hence, 300 : Debt. Dayi. 350 X 16 = 5600 525 X 46 = 24150 1.175 . . )29.750(25 days from March 2d, or March... | |
 | George Nixon Comer - 1859 - 124 σελίδες
...timewnen the interest of the sums which are kept till after they are due, is equal to the interns!, and not to the discount of those which are paid before...April 46 ; hence, Debt. Dayi. 300 : 350 X 16 = 5600 525 X 46 = 24150 1.175 . . )29.750(25 days from March 2d, or March 27th, nearly. The distance of time... | |
 | William Waterston - 1863 - 1028 σελίδες
...; and £525 on 17th April ; required an average time for the payment of them all in OIK- sum ? Tho number of days from the 2d to the 18th of March is...and from the 2d March to the 17th April, 46 ; hence, aw xo = o 3511 X 16 = 5,600 5-'SX 46 = 2-1,150 1,178 . . 129,750(85 days from March 2d, or March 27th... | |
 | William Waterston - 1863 - 1026 σελίδες
...£350 on 18th March ; and £535 on 17th April ; required an average time for the payment of them nil in one sum ? The number of days from the 2d to the...18th of March is 16 ; and from the 2d March to the I7th April, 46 ; hence, 300 X 0 = 0 350 X 16 = 5,6Ш> 525 X 46 = 24,150 1,175 . . )S9,7SO(a5 days from... | |
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... affording a near and convenient practical approximation. The substitution of interest for discount is, of course, to the advantage of the debtor. EXAMPLE . A sum of $300 is due on the 2d March ; $350 on 18th March ; and $525 on 17th April ; required... 