319. What is the present worth of $325, due in 1 y. 6 m. 20 d., at 8 % ? 320. What is the present worth of a note at 30 days without grace, for $2072.25, when interest is 5% ? 321. A note for $520 was given Oct. 1, 1894, payable in one year without grace and without interest. What was its value Feb. 1, 1895, money being worth 6 % ? 322. What is the present worth of $500, due in 1 y. 6 m., at 6% ? 323. What is the present worth of $ 756, due in 1 y. 4 m. ? 324. Find the present worth of $890, due in 1 y. 6 m., money being worth 8 %. 325. If I pay a debt of $1410, 2 y. 6 m. before it is due, what discount should be made, money being worth 7 % ? 338. In what time will the interest of $120, at 8 %, equal 344. What sum must I invest at 6 % to have an annual in come of $1000? 345. At what rate will a sum of money at simple interest triple itself in 37 y. 6 m. ? 346. How long does it take a sum of money to quadruple itself at 8 %? 347. Find the date at which $500, put at 6% interest July 8, 1895, will amount to $876.25. 348. At what date will a sum of money which is put at 8% interest Jan. 4, 1895, be tripled? 349. The interest of a certain sum for 4 years was half of the What was the rate? sum. 350. Find the date at which a sum of $234, which was put at simple interest at 9% Oct. 25, 1890, amounted to $351. $3400. PARTIAL PAYMENTS. (351.) BOSTON, MASS., July 7, 1892. On demand, I promise to pay James Tucker, or order, three thousand four hundred dollars, with interest. Value received. JOHN FLETCHER. INDORSEMENTS: Sept. 13, 1893, $1250; Mar. 4, 1895, $150. What was due May 1, 1895? $325. (352.) LOWELL, MASS., Sept. 2, 1892. order, with in On demand, I promise to pay J. R. Wait, or terest at 8%, *hree hundred twenty-five dollars. Value received. INDORSEMENTS: July 17, 1893, $55.50; Aug. 7, 1894, $15; Dec. 17, 1895, $84. What was due Sept. 2, 1896 ? $17440. (353.) NEWPORT, R. I., March 7, 1891. Three months after date, I promise to pay J. F. Smith, or order, seventeen thousand four hundred forty dollars, with interest. Value received. F. W. SARGENT. INDORSEMENTS: June 23, 1891, $5000; Oct. 20, 1892, $1000; Jan. 7, 1893, $1225; July 6, 1893, $500. What was due June 19, 1894? (354.) PORTLAND, ME., May 19, 1891. $445. On demand, I promise to pay James Clarke, or order, four hundred forty-five dollars, with interest. Value received. J. P. PETERS. INDORSEMENTS: Jan. 12, 1893, $25; Feb. 19, 1894, $208.94; May 8, 1895, $144.17. What was due Jan. 16, 1896? $785. (355.) PROVIDENCE, R. I., June 7, 1887. Eight months after date, I promise to pay E. D. Fox, or order, with interest, seven hundred eighty-five dollars. Value received. P. J. LOAMES. INDORSEMENTS: July 10, 1889, $50; Aug. 13, 1891, $75; Dec. 26, 1893, $300; July 3, 1894, $35. $700. (356.) ALBANY, N. Y., Dec. 7, 1887. On demand, I promise to pay P. White, or order, seven hundred dollars, with interest at 7%. Value received. W. F. WHITMAN. INDORSEMENTS: Jan. 9, 1889, $44.50; Sept. 7, 1891, $407.75, July 3, 1894, $25. What was due July 17, 1896 ? (357.) $1200. BOSTON, May 10, 1894. On demand, I promise to pay John Andrew, or order, one thousand two hundred dollars, with interest. Value received. JAMES SMITH. INDORSEMENTS: Aug. 6, 1894, $250; Dec. 20, 1894, $15; April 5, 1895, $18.50; July 8, 1895, $375; Dec. 10, 1895, $100. What was due April 10, 1896 ? 358. A note of $2584, dated Feb. 17, 1891, had the following INDORSEMENTS: Aug. 17, 1891, $500; May 25, 1892, $100; Oct. 19, 1893, $900. What was due Jan. 1, 1895 ? 359. A note of $750, dated March 5, 1890, had the following ÎNDORSEMENTS: Jan. 10, 1891, $200; Oct. 11, 1894, $300. What was due March 3, 1896 ? 360. A note of $757.14, dated May 17, 1893, had the following INDORSEMENTS: Jan. 8, 1894, $40; July 9, 1894, $20; July 30, 1894, $500; May 17, 1896, $20.14. What was due July 30, 1896? 361. May 12, 1893, I gave a note for $680 on demand, with interest at 6%. Aug. 22, 1894, paid $50; April 18, 1895, paid $95. What was due July 7, 1896 ? 362. On a note for $425, at 8%, dated March 25, 1895, were the following INDORSEMENTS: June 1, 1895, $75; Dec. 30, 1895, $120. What was due Sept. 1, 1896? 363. A man buys a lot of land for $5000, and at the end of each year pays $500 towards principal and interest (6%). How much will be due after the fifth payment? $317.35. (364.) BALTIMORE, MD., July 5, 1894. On demand, I promise to pay J. A. Lenter, or order, three hundred seventeen dollars, with interest. Value received. JAMES W. MAYNARD. INDORSEMENTS: Sept. 3, 1894, $65; Nov. 13, 1894, $75; Jan. 7, 1895, $150. What was due May 1, 1895 ? |