NUMERATION TABLE FOR FEDERAL MONEY, Thousands of dollars. Tens of dollars or Dollars. Eagles. Tens of cents or dimes. Cr Cents. Mills. 5, 7-5 cents and 7 mills, or 57 mills. 1 6, 4-16 cents and 4 mills, or 164 mills. 6 2, 1 2, 0-62 dollars 12 cents and no mills. 1 2 7, 6 2, 3—127 dollars 62 cents and 3 mills. 8 9 4 0, 0 4, 1-8940 dollars, 4 cents and 1 mill. 62. As dimes are tens of cents, the second line may either be read 16 cents and 4 mills, or 1 dime 6 cents and 4 mills. And as the eagles are tens of dollars the third line may be read 62 dollars and 12 cents, or 6 eagles 2 dollars and 12 cents. Federal money is generally read, in dollars, cents, and mills. § 63. From the first of the tables it appears, Ist. That cents may be changed into mills by annexing a cipher. Thus, 8 cents are equal to 80 mills. 2d. That dollars may be changed into cents by annexing two ciphers, and into mills by annexing three. For example, 12 dollars are equal to 1200 cents, or to 12000 mills. The reasons of these rules are evident, since 10 mills make a cent, 100 cents a dollar, and 1000 mills a dollar. § 64. To change mills, into dollars, cents and mills, we obtain from the numeration table the following RULE. Cut off the right hand figure for mills, the two next figures for cents, and the remaining left hand figures will be dollars. The reason of the rule is this: by cutting off the first right hand figure, we in fact, divide by 10, and thus reduce the mills to cents. Then by cutting off the next two figures, we divide by 100; and thus reduce the cents to dollars. The comma, or separatrix, is generally used to separate the mills from the cents, and the cents from the dollars. Thus, $67,25,6 is read 67 dollars 25 cents and 6 mills. EXAMPLES. 1. How many dollars cents and mills are there in 67897 mills? Ans. $67, 89, 7. 2. Set down 104 dollars 69 cents and 8 mills. Ans. $104, 69, 8. 3. Set down 4069 dollars 4 cents and 2 mills. Ans. $4069, 04, 2. 4. Sot down 100 dollars 1 cent and 1 mill. Ans. $100, 01, 1. own 4 dollars and 6 mills. Ans. $4, 00, 6." Ans. $0,00, 2. The parts of a dollar are sometimes expressed fractionally, as in the following 65. I. Set down the numbers to be added under one another, so that dollars shall fall under dollars, cents under cents, and mills under mills. II. Then add up the several columns as in simple numbers, and place the separating points in the amount directly under those in the columns. EXAMPLES. 1. Add $67, 21,4 $10, 04, 9 $6, 04, 1 80, 27, 1 together. $cts. m. 67, 21, 4 0, 27, 1 1. A grocer purchased a box of candles for 6 dollars 89 cents; a box of cheese for 25 dollars 4 cents and 3 mills; a keg of raisins for 1 dollar 12 cents, (or 12 cents and 5 mills ;) and a cask of wine for 40 dollars 37 cents 8 mills: What did the whole cost him? Ans. $73, 43, 6. 2. A farmer purchased a cow for which he paid 30 dollars and 4 mills; a horse for which he paid 104 dollars 60 cents and 1 mill; a wagon for which he paid 85 dollars and nine mills: how much did the whole cost? Ans. $219, 61, 4. 3. A man is indebted to A, $630,49; to B, $25; to C, 87 cents; to D, 4 mills: how much does he owe? Ans. $656, 36, 9. 4. Bought 1 gallon of molasses at 28 cents per gallon; a half pound of tea for 78 cents; a piece of flannel for 12 dollars 6 cents and 3 mills; a plough for 8 dollars 1 cent and 1 mill; and a pair of shoes for 1 dollar 20 cents: What did the whole cost? Ans. $22, 33, 4. SUBTRACTION OF FEDERAL MONEY. RULE. § 66. Place the lesser number under the greater so the commas, or separating points, shall fall dioder each other: then subtract as in simple numbers, and place the separating points in the remainder directly under those above. 1. A man's income is $3000 a year; he spends $187,50: how much does he lay up? Ans. $2812, 50. 2. A man purchased a yoke of oxen for $78, and a cow for $26,00,3: how much more did he pay for the oxen than for the cow? Ans. $51, 99, 7. 3. A man buys a horse for $97,50, and gives a hundred dollar bill: how much money ought he to receive back? Ans. $2,50. 4. How much must be added to $60,03,9 to make the sum $1005,40? Ans. $945, 36, 1. 5. A man sold his house for $3005, this sum being $98,03,9 more than he gave for it: what did it cost him? Ans. $2906, 96, 1. |