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" Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. "
The North American Arithmetic: for advanced scholars. Part third - Σελίδα 114
των Frederick Emerson - 1834 - 288 σελίδες
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Arithmetic Modernised: Or, A Complete System of Arithmetic, Adapted to ...

John Davidson, Robert Scott (writing master) - 1818 - 172 σελίδες
...either party, men in business use the following RULE. Multiply each debt by the time it has to run, then divide the sum of the products by the sum of the debts, the quotient is the time at which all the money ought to be paid, nearly. EXAMPLE. A. owes to B. £25 payable 1st...

A Practical Treatise on Arithmetic, [etc.].

George Leonard - 1841 - 340 σελίδες
...either debtor or creditor, merchants usually Multiply each debt by the time to elapse before it is due, and divide the sum of the products by the sum of the debts. Though this method is inaccurate it is easy, and experiment shows it may be employed without much error,...

A Practical Treatise on Arithmetic: Wherein Every Principle Taught is ...

George Leonard - 1841
...either debtor or creditor, merchants usually Multiply each debt by the time to elapse before it is due, and divide the sum of the products by the sum of the debts. Though this method is inaccurate it is easy, and experiment shows it may be employed without much error,...

A Practical Treatise on Arithmetic, [etc.].

George Leonard - 1841
...either debtor or creditor, merchants usually Multiply each debt by the time to elapse before it is due, and divide the sum of the products by the sum of the debts. Though this method is inaccurate it is easy, and experiment shows it may be employed without much error,...

A Treatise of Arithmetic: Designed for the Use of the Elementary Schools ...

1843 - 129 σελίδες
...may be paid at once. RULE. Multiply each debt by the time which must elapse before it is due ; then divide the sum of the products by the sum of the debts for the equated time nearly. 1. A owes me £150 in 40 days, £70 in 60 days, £200 in 105 days ; at...

The Elements of Arithmetic ... in which Decimal and Integral Arithmetic are ...

Pliny Earle Chase - 1844
...$12.00,-jLas long as $1.00. Therefore, dividing 72mo. by 12, we obtain 6n»o. for the equated time. RULE. Multiply each debt by the time in which it is payable, add all the products, and divide their sum by the sum of the debts. This rule, which is universally...

Elements of Arithmetic: For Schools and Academies. In which Decimal and ...

Pliny Earle Chase - 1844 - 240 σελίδες
...keep $12.001TLas long as $1.00. Therefore, dividing 72mo. by 12, we obtain 6mo. for the equated time. RULE. Multiply each debt by the time in which it is payable, add all the products, and divide their gum by the sum of the debts. This rule, which is universally...

Practical System of Book-keeping by Double & Single Entry

Benjamin Wood Foster - 1845 - 150 σελίδες
...time for paying at once several debts, due at different periods of time. RULE. Multiply each amount by the time in which it is payable, and divide the...the debts ; the quotient will be the equated time of payment EXAMPLES. 1. Bought of Silas Pierce & Co. аз follows, at 4 months' credit. When is the...

The North American Arithemetic: Part third for advanced scholars

Frederick Emerson - 1847 - 288 σελίδες
...dividing the sum of them by the sum of the debts. RULE. Multiply each debt by the time, in which it it payable, and divide the sum of the products by the...sums be paid at once, without loss to either of us ? _ 2. A owes B 200 dollars, 40 dollars of which is to be paid in 3 months, 60 dollars in 5 months,...

The American Arithmetic

James Robinson (of Boston.) - 1847
...Multiply each debt by the number of days, months, or years, between its date and the time it becomes due, and divide the sum of the products by the sum of the debts; the quotient will be the average or mean time for the payment of the sum of 'all the debts. 1. William owes 20 cents to be paid...




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