 | California. State Board of Education - 1887 - 300 σελίδες
...whole sum of money he pays you ? If he keeps it 2 yr.? 3 yr. ? 2^ yr. ? 3 yr. 6 mo. ? 2 yr. 3 mo. ? Money paid for the use of money is called INTEREST. The sum lent is called the principal. ' The per cent of interest for a given time is called the rate. It is... | |
 | Charles Austin Hobbs - 1889 - 362 σελίδες
...estate valued at $4100 and personal property valued at $1800 ? CHAPTER X. INTEREST AND DISCOUNT. 126. Money paid for the use of money is called interest. The sum of money for the use of which interest is paid is called the principal, and the sum of the principal... | |
 | George Albert Wentworth - 1893 - 242 σελίδες
...8.960 7000 89.60 8 0.1024 80 1.0240 800 10.240 8000 102.40 9 0.1152 90 1.1520 900 11.520 9000 115.20 INTEREST. Money paid for the use of money is called Interest. The money at interest is called the Principal. The sum of the interest and principal is called the Amount.... | |
 | David Martin Sensenig, Robert F Anderson - 1903 - 274 σελίδες
...borrows money he usually has to pay a certain per cent of the sum borrowed for the use of it each year. Money paid for the use of money is called Interest. The sum on which interest is paid is called the Principal. Thus, if a man borrows $100 for 2 years and has... | |
 | John William Hopkins - 1904 - 276 σελίδες
...the number of ounces coined in 1901. Find the number of ounces coined in 1901. SIMPLE INTEREST 63. Money paid for the use of money is called interest. The sum lent is called the principal. The interest of a principal for one year is obtained by multiplying the... | |
 | George Morris Philips - 1912 - 308 σελίδες
...money, he usually has to pay a certain per cent of the sum borrowed for the use of it each year. 79. Money paid for the use of money is called interest. The sum on which interest is paid is called the principal. Thus, if a man borrows $100 for 2 years and has... | |
 | John William Hopkins, Patrick Healy Underwood - 1912 - 362 σελίδες
...the number of ounces coined in 1901. Find the number of ounces coined in 1901. SIMPLE INTEREST 63. Money paid for the use of money is called interest. The sum lent is called the principal. The interest of a principal for one year is obtained by multiplying the... | |
 | John Henry Walsh, Henry Suzzallo - 1914 - 524 σελίδες
...AM — 73 78 76 1. 70 68 12 !P. 2A. 4 6 8 10 12M. 2P. 4 0 8 10 Time SECTION X LENDING AND BORROWING MONEY Investing One's Savings A person can increase...Exercises 1. Give the yearly interest at 4 % on a. $100 b. 1200 c. 1300 d. $400 e. $500 /. $150 2. At 4 % per year, what per cent of the principal is the interest... | |
 | Edson Homer Taylor, Fiske Allen - 1919 - 244 σελίδες
...SECOND YEAR 331 2 9.24 $.173 $282 74 746 325 8.86 $.20 $297 61 723 CHAPTER VI INTEREST 48. Meaning of interest. Money paid for the use of money is called interest. The amount of interest to be paid depends upon the amount of money borrowed and the length of time it is... | |
 | Robert Franklin Anderson - 1921 - 348 σελίδες
...home and borrow $3000. The money he borrowed being the property of another, he had to pay for its use. Money paid for the use of money is called interest. The sum of money on which interest is paid is called the principal. Thus, the $3000 which Mr Wells borrowed... | |
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Money paid for the use of money is called interest. The sum loaned is the principal. 
