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" DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a debt payable at some future time, without interest, is such a sum of money as will, in the given time, amount to the debt. "
Arithmetic, Oral and Written, Practically Applied by Means of Suggestive ... - Σελίδα 329
των Thomas H. Palmer - 1854 - 348 σελίδες
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Higher Arithmetic: Designed for the Use of High Schools, Academies, and Colleges

George Roberts Perkins - 1841 - 274 σελίδες
...lltf IH lon DISCOUNT. 68. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a debt, payable at some future time, without interest, is such a sum of money as will, in the given time, amount to the debt. When the interest is at 6 per cent., the amount...

An Elementary Arithmetic ...: Serving as an Introduction to the Higher ...

George Roberts Perkins - 1846 - 266 σελίδες
...64 Ql 10}f . DISCOUNT. 1O5. DISCOUNT is an allowance made for the payment tf money before it is due. The present worth of a debt, payable at some future time, without interest, is such a sum of money as will, in the given time, amount to the debt. When the interest is at 6 per cent., the amount...

Practical Arithmetic, Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - 1846 - 354 σελίδες
...found for any given number of years by the Table ? How the interest ? 259. What is discount ? What is the present worth of a debt, payable at some future time, without interest '. The present worth of a debt payable at some future time without interest, is that sum which, being...

Practical Arithmetic, Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - 1846 - 402 σελίδες
...found for any given number of years by the Table ? How the interest ? 259. What is discount ? What is the present worth of a debt, payable at some future time, without interest ? The present worth of a debt payable at some future time without interest, is that sum which, being...

Practical Arithmetic: Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - 1846 - 362 σελίδες
...Discount. QUEST. — 258. How is compound interest computed by the Table ? 259. What is discount t What is the present worth of a debt, payable at some future time, without interest ? The present worth of a debt payable at some future time without interest, is that sum which, being...

The American Arithmetic

James Robinson (of Boston.) - 1847 - 304 σελίδες
...the payment of money before it is due, on the supposition that money can be let at compound interest. The present worth of a debt payable at some future time without interest, is that sum which, being on compound interest, will amount to the given sum or debt at the time it becomes...

Higher Arithmetic: Or, The Science and Application of Numbers; Combining the ...

James Bates Thomson - 1847 - 426 σελίδες
...justice requires that he should make some Abatement from it. This abatement is called Discount. 429. The present worth of a debt payable at some future time without interest, is that sum which, being put at legal interest, will amount to tlie debt, at the time it becomes due....

Higher Arithmetic; Or, The Science and Application of Numbers: Combining the ...

James Bates Thomson - 1848 - 434 σελίδες
...justice requires that he should make some abatement from it. This abatement is called Discount. 429. The present worth of a debt payable at some future time •without interest, is that sum which, being put at legal interest, will amount to t/te debt, at the time it becomes due....

Higher Arithmetic: Designed for the Use of High Schools, Academies, and ...

George Roberts Perkins - 1849 - 356 σελίδες
...simple interest. DISCOUNT. 66. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a debt payable at some future time, without interest, is such a sum of money as will, in the given time, -amount to the debt. When the interest is at 6 per cent., the...

An Elemtary Arithmetic ...: Serving as an Introduction to the Higher ...

George Roberts Perkins - 1849 - 346 σελίδες
...rates per cent. DISCOUNT. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a debt payable at some future time, without interest, is such a sum of money as will, if put at interest for the given time, amount to the debt. When the interest is at...




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