Εικόνες σελίδας
PDF
Ηλεκτρ. έκδοση

REDUCTION OF CURRENCIES.

16. RULES

FOR reducing the currencies of the several United States* into Federal Money..

CASE I.

To reduce the currencies of the different states where a dollar is an even number of shillings, to Federal Money.

They are
-Nero-England, New-York, and
Virginia,

North Carolina.
Kentucky, and
Tennnessee.

RULE.

1. When the sum consists of pounds only, annex a ci. pher to the pounds, and divide by half the number of shillings in a dollar; the quotient will be dollars.

2. But if the sum consists of pounds, shillings, pence, &c. bring the given sum into shillings, and reduce the pence and farthings to a decimal of a shilling; annex said decimal to the shillings, with a decimal point between, then divide the whole by the number of shillings contained in a dollar, and the quotient will be dollars, cents, mills, &c.

Form.erly the pound was of the same sterling value iu all the colonies as in Great-Britain, ard a Spanish Dollar worth 45. hd. --but the Legislatures of the different colonies emitted bills of credit, which alterwards depreciated in their vaiue in some States more, in others less, &c.

Thus a dollar is reckoned in
New-England, New Jersey,

South
Virginia,

Carolina
Tennsylvania, $7s. 6d.

68.
Bentucky, and
Delaware and

and
Tennessee.
Maryland.

Georgia.
Woo Porn and

N. Carolina. Adding a cipher iother psans utses the whole by 10, brluiging them of a douad, then because a collar is jus* thrce tentts of a pound

those icntis by 3, brings them 'n'o dollars, &c

[ocr errors]

EXAMPLES.

.

1. Reduce 731. New-England and Virginia Currency, to Federal Money. 3)730

$ cts.

$2437=243 33} 2. Reduce 45l. 158. 736. New-England currency, to 20

federal money.

d. A dollar=6)915,625

12)7,500 $152,604+ Ans. ,625 decimal. Note. I farthing is ,25, which annex to the pence,

2 =,50 and divide by 12, you will 3

=,75 have the decimal required, 3. Reduce 345l. 10s. 117d. New Hampshire, &c. currency, to Spanish milled dollars, or Federal Money,

£345 10 117
20

d.

12)11,2500 6)6910,9375

,9375 Decimal. $1151, 3229 + Ans. 4. Reduce 105l. 143. 3fd. New-York and North Car olina currency, to Federal Money. £105 14 33

dia 20

12)3,7500

A dollar=8)2114,3125

3125 decimal

$264,289 06 Ans.

Or $ dcin. Hala 6. Reduce 4311. New-York currency to federal money. This being pounds only.* 4)4310

$ cts.

Ans. $1077131077,50

*A dollar is 8. in this currency-,4 ife of a pound, therefore, muld ply by 10, and divide by 4, brings the pounds into dollan, &c

eral money.

6. Reduce 281. 11s. 60. New-England and Virginia currency, to Federal Money,

Ans. $95,25cts. .-7. Change 463). 10s. Sd. New England, &c. curreney to Federal Money. Ans. "1545, 1lcis. Ionto, 8. Reduce 35). 199. Virginia, &c. currency, to Fed

Ans. $119, 83cts. 3m. + 9. Reduce 2141. 109.71d. New-York. &c. currency, to Federal money.

Ans. $536, 32cts. 8m. to 10. Reduce 3041. 11s. 5d. North Carolina, &c. cur. rency, to Federal Money.' Ans, $761, 42cts. 7m. +

11. Change 2191. 11s. 740. New-England and Vir. ginia currency, to federal money. Ans. $731,94cts. +

12. Change 2411. New-England, &c. currency, into federal money.

Ans. $803,33cts. 13. Bring 2cl. 185. 5 d. New England, currency, into dollars.

Ans. $69, 74cts. 6km. + 14. Reduce 2681. Neiv-York currency, to Federal Money,

Àns. $1170. 15. Reduce 175.9fd. New-York, &c. currency, to dollars, &c.

Ans. $2, 22cts. 6,5m. + io. Borrowed 10 English crowns, àt 6s. 8d. eacb, how many dollars at 5, each will

pay

the debts

Ans. $11, 11cis, Im. Note.—There are several short practical methods of reducing New England and New York currencies to Federal Money, for which see the Appendix,

CASE II. To reduce the currency of New Jersey, Pennsylvania, Delaware and Maryland to Federal Money

RULE. Muitiply the given sum by 8, and divide the product by 3, and the quotient will be dollars, &c.*

EXAMPLES. 1. Reduce 2541. New Jersey, &c. currency, to fede eral money. £245 X8=1960, and 1960; 3=$6533=9653, 32 cts.

Note. When there are shillings, pence, sc in the *A dollar is 78. 6d.=80d. in this currency=47= or a pound ; therefore wuluplying by &, and dividing by 8, given the dollars, centa, &te.

[ocr errors]
[ocr errors]

given sum, reduce them to the decimal of a pound, then multiply and divide as above, &c.

2. Reduce 361. 11s, Bld. New-Jersey, &c. currency, to federal money. £36,5854 decimal value.

8

$ 3)272,6832(97,56106 Ans. ANSWERS. £. d.

$ cts. m. 3. Reduce 240 0 O to federal money 640 00 4. Reduce 125 8 0

334 40 5. Reduce 997 61

265 00 5 + 6. Reduce 100 0

266 66 6.: + 7. Reduce 25 3 7

67 14 4 8. Reduce 0 in 9

2 36 6,6 CASE III. To reduce the currency of South Carolina and Georgia,

to Federal Money.

RULE. Multiply the given sum by 30, and divide the product by 7, the quotient will be the dollars, cents, &c.*

EXAMPLES.

1. Reduce 1001. South Carolina and Georgia curren cy into Federal Money.

1001.X30=3000; 3000=7= $428,5714 Ans. 2. Reduce 541. 163. 9 d. Georgia currency, to Federal money. 54,8406 decimal expression.

30

7)1645,2180

3. d.

Ans. 235,0311

ANSWERS. £.

$ cts, m. 3. Reduce 94 14 8 to federal money, 405 99 8+ 4. Reduce 19 17 61

85 18 5. Reduce 417 14 6

1790 2575 6. Reduce 140 100

602 14 2+ 7. Reduce 160 0 0

685 714

the ed op $id in tl doilera 7 of a pound, thereforex 80.57.

8. do

£.

Scts, m. 8. Reduce 0 11 6

2 46 4+ 9. Reduce 41 17 9

179 51 4 to

CASE IV. To reduce the currency of Canada and Nova-Scotia, to

Federal Money

RULE. Multiply the given sum by 4, the product will be dollars.

NOTE. Five shillings of this curreney are equal to a dollar ; consequently 4 dollars make one pound.

EXAMPLES. 1. Reduce 1251. Canada and Nova Scotia currency, to federal money.

125

4

Ans. $500 2. Reduce 551. 10s. 6d. Nova-Scotia currency to dollars.

55. 525 decimal value.
4

$ cts.
Ans. $222, 100=222 10

ANSWERS. 3. Reduce 241 18 9 to Federal Money, 967 75 4. Reduce 58 13 61

334 70 5. Reduce 528 17 8

2115 53 6. Reduce 1 2 6

4 50 ng. Reduce 224 19 0

899 80 8. Reduce

2 79

0 13 111

REDUCTION OF COIN.

RULES.
For reducing the Federal Money to the currencies of

the several United States.
To reduce Federal Money to the currency of
New-England,
Virginia,

Multiply the given sum by 3, 1, Kentucky, and

and the product will be pounds

and decimals of a pound. Tennessee.

!

RULL.

« ΠροηγούμενηΣυνέχεια »