Practical Exercises in Commercial ArithmeticH.E. Hibbard, 1908 - 180 σελίδες |
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Σελίδα 40
... the same as 12 % per year . 3 % per month is the same as 9 % per year . NOTE 2. Multiply the rate per month by 12 and it will give the rate per - year . 46. 1. What interest should be allowed on the following 40 COMMERCIAL ARITHMETIC .
... the same as 12 % per year . 3 % per month is the same as 9 % per year . NOTE 2. Multiply the rate per month by 12 and it will give the rate per - year . 46. 1. What interest should be allowed on the following 40 COMMERCIAL ARITHMETIC .
Σελίδα 41
... allowed on the following partners ' accounts , Jan. 1 , 1908 , at 71 % ? Dr. H. W. COLBY . Cr . 1907 . Oct. 1 . Sundries 16 $ 7860 Nov. 16 . Cash . 18 200 00 66 30 . Dec. 12 . 68 20 182 50 N. Pay 17 500 00 8838 1907 . Oct. 1 . Sundries ...
... allowed on the following partners ' accounts , Jan. 1 , 1908 , at 71 % ? Dr. H. W. COLBY . Cr . 1907 . Oct. 1 . Sundries 16 $ 7860 Nov. 16 . Cash . 18 200 00 66 30 . Dec. 12 . 68 20 182 50 N. Pay 17 500 00 8838 1907 . Oct. 1 . Sundries ...
Σελίδα 42
... allowed 6 % interest on all of his investments and charged 8 % on amounts withdrawn . A. W. Hatch invested cash $ 3000 , teams , etc. , $ 1275 . A. E. Haskell invested cash $ 2500 , store , fixtures , etc. , valued at $ 2000 . June 5 ...
... allowed 6 % interest on all of his investments and charged 8 % on amounts withdrawn . A. W. Hatch invested cash $ 3000 , teams , etc. , $ 1275 . A. E. Haskell invested cash $ 2500 , store , fixtures , etc. , valued at $ 2000 . June 5 ...
Σελίδα 71
... allowed Accurate Interest on the daily balances . 81. To find the maturity of a note or draft . RULE . Count forward from the date at which the time of the note or draft begins the term for which it is written . 82. To find the term of ...
... allowed Accurate Interest on the daily balances . 81. To find the maturity of a note or draft . RULE . Count forward from the date at which the time of the note or draft begins the term for which it is written . 82. To find the term of ...
Σελίδα 91
... allowed , the seller is willing to discount at a certain rate per annum for the unexpired term , when the bill is paid before it is due . This is similar to Bank Discount . Sometimes , also , this discount is given in addition to the ...
... allowed , the seller is willing to discount at a certain rate per annum for the unexpired term , when the bill is paid before it is due . This is similar to Bank Discount . Sometimes , also , this discount is given in addition to the ...
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15 days 60 days agent amount annual interest April April 17 April 28 Average Date balance due bank discount bbls bill August bill of exchange Boston bought broker bushels capital cent charges coffee Commission or Brokerage consignors crates debts decimal deducting discount of 20 Divide dividend dollar draft duty expenses face Find the cost flour focal date fraction freight gain or loss given giving a discount ILLUSTRATIVE EXAMPLE insured invoice July July 28 June June 12 June 24 list price long ton March March 16 March 31 marked price maturity MEASURE merchant mixed number Multiply NOTE paid par value partner payable payment percentage pound premium principal profit quotation quotient received remainder remitted RULE selling price Sept shares short ton sold storage subtract usual brokerage whole number worth
Δημοφιλή αποσπάσματα
Σελίδα 16 - To reduce a mixed number to an improper fraction, — RULE : Multiply the whole number by the denominator of the fraction, to the product add the numerator, and write the result over the denominator.
Σελίδα 175 - DRY MEASURE 2 pints (pt.) = 1 quart (qt.) 8 quarts =1 peck (pk.) 4 pecks = 1 bushel (bu...
Σελίδα 15 - An Improper Fraction is one whose numerator is equal to or greater than its denominator ; as, f , -J.
Σελίδα 177 - SQUARE MEASURE 144 square inches (sq. in.) = 1 square foot (sq. ft.) 9 square feet — 1 square yard (sq. yd.) 30^ square yards = 1 square rod (sq. rd.) 160 square rods = 1 acre (A.) 640 acres = 1 square mile (sq.
Σελίδα 173 - Troy Weight. 24 grains (gr.) - 1 pennyweight (dwt.) 20 pennyweights — 1 ounce (oz.) 12 ounces — 1 pound (1b.).
Σελίδα 178 - SURVEYORS' SQUARE MEASURE. 144. This measure is used by surveyors in computing the area or contents of land. TABLE. 625 Square Links (sq. 1. ) make 1 Pole P. 16 Poles " 1 Square Chain . sq. ch. 10 Square Chains " 1 Acre A. 640 Acres " 1 Square Mile . . sq. mi. 36 Square Miles (6 miles square)
Σελίδα 180 - TABLE. 12 Units = 1 Dozen . . . doz. 12 Dozen = 1 Gross . . . gro. 12 Gross = 1 Great Gross . G. gro.
Σελίδα 21 - Multiply the numerators together for a new numerator, and the denominators together for a new denominator.
Σελίδα 45 - RULE. — Divide the given interest by the interest of the given principal for 1 year, and the quotient is the time.
Σελίδα 171 - I 238. VALUE is the worth of anything, or what it will produce when sold. MONEY is the measure of value. 239. UNITED STATES MONEY is the legal currency of the United States. It consists of gold coins, silver coins, US Treasury notes, and national-bank notes. 240. LEGAL TENDER is a term applied to money which may be offered in payment of debts. 241. The unit by which values are measured is the gold dollar of 25.8 grains. TABLE. 10 Mills = 1 Cent ^. or ct.