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and 4 months, at 6 per cent.? Of $200 ? Of $300? Of $50? Of $350 ?

24. What is the interest of $50 for 4 years and

6 months, at 7 per cent.?

25. What is the interest of $150 for 6 years and 7 months, at 6 per cent.?

26. What is the interest of $460 for 3 years and 2 months, at 5 per cent.?

27. What is the interest of $625 for 5 years and 3 months, at 7 per cent.?

LESSON XLIV.

1. What is the interest of $100 for 1 day, at 6 per cent.? For 6 days? For 15 days?

=

6

NOTE-In reckoning interest, it is customary to call 30 days a month. Hence, 1 day of a month; 6 days=3 of a month; of a month, and so on. Since the interest of $100 for 1 month is 50 cents, for go of 3 of 50 cents 13 cents; for of a month it is 10 cents, and for of a month it is of 50 cents

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a month it is

of 50 cents

=

25 cents.

2. What is the interest of $1 for 30 days, at 6 per cent.? For 60 days? For 120 days? For 20 days? For 40 days?

3. What is the interest of $20 for 5 days, at 6 per cent.? For 12 days? For 15 days?

4. What is the interest of $50 for 21 days, at 7 per cent.? For 24 days? For 45 days?

5. What is the interest of $40 for 4 years, at 6 per cent.? For 4 months? For 4 years and 4 months? For 20 days? For 4 years, 4 months und 20 days?

6. What is the interest of $400 for 6 years, 2 months and 10 days, at 2 per cent. ?

7. What is the interest of $100 for 4 months and 15 days, at 7 per cent.?

8. What is the interest of $125 for 4 years, 2 months and 10 days, at 7 per cent.?

9. What is the interest of $120 for 3 years, 4 months and 10 days, at 6 per cent.?

10. What is the interest of $140 for 1 20 days, at 6 per cent.?

year and

11. What is the interest of $30 for 6 years, at 5 per cent.? At 7 per cent.?

12. What is the interest of $10 for 4 years and 3 months, at 7 per cent.? At 8 per cent.? 13. What is the interest of $150 for 5 years and 4 months, at 6 per cent. ?

14. What is the interest of $320 for 2 years, 4 months and 20 days, at 6 per cent.?

15. What is the interest of $45 for 4 years, 8 months and 16 days, at 6 per cent.?

16. What is the interest of $80 for 6 years, 6 months and 12 days, at 6 per cent.?

17. Required the interest of $126 for 3 years, 6 months and 20 days, at 6 per cent.

18. Required the interest of $175 for 4 years, 4 months and 18 days, at 6 per cent.

19. Find the interest of $210 for 3 years and 4 months, at 7 per cent.

NOTE. - In reckoning interest at 4, 5, 7, or 8 per cent., it is often most convenient to find the interest at 6 per cent., and then change it to the given per cent. The interest at 4 per cent. is equal to that at 6 per cent. less of itself; 5 per cent. is 6 per cent. less of itself; 7 per cent. is 6 per cent. with added; and 8 per cent. is 6 per cent. with added.

per cent.

20. Find the interest of $42 for 3 years and 2 months, at 6 per cent. At 4 per cent. At 5 At 7 per cent. At 8 per cent. 21. Find the interest of $85 for 2 years, months and 12 days, at 6 per cent. At 4 per cent. At 5 per cent, At 7 per cent. per cent.

8

At 8

At 5 per

22. What is the interest of $160 for 3 years, 4 months and 9 days, at 6 per cent.? cent.? At 8 per cent.? At 7 per cent.?

23. What is the interest of $200 for 2 years, 6 months and 15 days, at 4 per cent.?

cent. ?

At 6 per

24. The interest of $240 for a certain time is $18, at 6 per cent.; how much is it at 8 per cent.? 25. The interest of $225 for 4 years is $54; what is the interest for 1 year? For 3 months? For 2 months? For 1 month?

26. The interest of $120 for 1 year is $7.20 ; how much is it for 4 months? For 2 months? For 1 month and 10 days? For 20 days?

LESSON XLV.

1. What is the amount of $40 for 2 years, at 6 per cent.?

NOTE. The amount is the sum at interest, or the principal, and the interest taken together. The interest on $40 for 2 years, at 6 per cent.= $4.80; and $40-$4.80=$44.80, the amount. 2. What is the amount of $60 for 4 years, at 4 per cent.?

3.

What is the amount of $80 for 3 years, at 5 per cent.?

4.

What is the amount of $100 for 6 years, at 4 per cent.?

5.

What is the interest of $70 for 6 years, at 7 per cent.?

7

6. What is the amount of $125 for 2 years, at cent.?

per

7. What is the interest of $100 for 3 years and 4 months, at 7 per cent.?

8. What is the interest of $25 for 6 years and 1 month, at 6 per cent. ?

9. What is the interest of $10 for 4 years and 2 months, at 7 per cent.?

10. What is the amount of $150 for 4 years and 1 month, at 7 per cent.?

11. Required the amount of $200 for 2 years and 2 months, at 4 per cent.

12. Required the amount of $145 for 6 years and 3 months, at 8 per cent.

13. Required the amount of $400, at 3 per cent., for 2 years, 2 months and 20 days.

14. What is the amount of $140 for 5 years, 4 months and 10 days, at 7 per cent.?

15. What is the amount of $200 for 2 years, 6 months and 14 days, at 6 per cent.?

16. What is the interest of $15 for 6 years, 4 months and 2 days, at 8 per cent.?

17. What is the amount of $360 for 8 years, 2 months and 12 days, at 6 per cent.?

18. What is the amount of $180 for 6 years, 7 months and 13 days, at 7 per cent.?

19. What is the amount of $200 for 5 years and 9 months, at 4 per cent.?

20. What is the amount of $140 for 3 years, 8 months and 18 days, at 8 per cent.?

21. What is the amount of $175 for 4 years, 4 months and 9 days, at 6 per cent.?

22. What is the amount of $140 for 3 years, 6 months and 18 days, at 3 per cent.?

23. Required the amount of $160 for 9 years, at 5 per cent.

24. Required the amount of $300 for 5 years, 8 .months and 6 days, at 6 per cent.

25. What is the amount of $250 for 3 years, 6 months and 24 days, at 7 per cent.?

26. What is the amount of $500 for 1 year, 5 months and 20 days, at 10 per cent.?

LESSON XLVI.

1. If the interest of $120 for 1 year is $9, what is the interest of $60? Of $20? Of $10?

Of $10? Of $1?

Of $60? Of $300? for 2 years is $18, Of $40?

2. If the interest of $400 for 1 year is $24, what is the interest of $100? 3. If the interest of $12 for 5 years is $3.60, what is the interest of $6? 4. If the interest of $160 what is the interest of $80? 5. If the interest of $280 what is the interest of $70? 6. If the interest of $100 what will it be for 6 years ? 4 years? For 1 year?

for 3 years is $46, Of $140?

for 3 years is $20, For 10 years? For

7. If the interest of $180 for 2 years is $23, what is it for 3 years? For 7 years? For 1 year?

8. If the interest of $200 for 3 years is $27, what is its interest for 1 year? For 1 month? For 4 months? For 7 months?

9. If the interest of $200 for 1 month is $1, what is it for 15 days? For 5 days? For 1 day?

10. If the interest of $140 for 1 year and 4 months is $10, what is it for 8 months? For 4 months? For 2 months? For 1 month?

11. The interest of $240, at 6 per cent., is $27 ; what is it at 3 per cent.? At 1 per cent.?

12. The interest of $320, at 7 per cent., is $15; what is it at 1 per cent.? At 8 per cent.?

13. If the interest of $100 for 3 years is $21, what is the rate per cent.?

14. If the interest of $300 for 1 year is $21, what is the rate per cent.?

15. What is the interest of $100 for 4 years, at 1 per cent.? If the interest of $100 for 4 years is $20, what is the rate per cent.?

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