 | Beriah Stevens - 1822 - 436 σελίδες
...ratio by the time, add 1 to the product for a -divisor ; by which sum divide the sum to be discounted, and the quotient will be the present worth. Subtract the present worth from the principal or sum to be discounted, and the remainder will be the discount. Or, as the amount of £1... | |
 | Nicolas Pike - 1832 - 538 σελίδες
...by the time, add unity to the product for a divisor ; by which sum divide the sum to be discounted, and the quotient will be the present worth.* • Subtract the present worth from the principal, or sum to be discounted, and the remainder will be the discount. Or, аз the amount of... | |
 | Nicolas Pike - 1822 - 562 σελίδες
...the time, add unity to the product .for a divisor; by which sum divide the sum to be discounted, ami the quotient will be the present worth.* Subtract the present worth from the principal, or sum to be discounted, and the remainder will be the discount. Or, as the amount of jCl... | |
 | Nicolas Pike - 1832 - 544 σελίδες
...by the time, add unity to the product for a divisor : by which sum divide the sum to be discounted, and the quotient will be the present worth.* Subtract the present worth fiom the principal, or sum to be discounted, and the remainder will be the discount Or, as the amount... | |
 | Nathan Daboll - 1839 - 220 σελίδες
...present worth.— Or by 2. Divide the given sum by the amount of $1, or £1, at the given rate and time, the quotient will be the present worth. Subtract the present worth from the given sum, and the remainder is the discount.* EXAMPLES. 1. What is the present worth of $132,50, due... | |
 | Nathan Daboll - 1843 - 254 σελίδες
...sum to the discount. 2. Divide the given sum by the amount of $1, or £i, at the given rate and time, the quotient will be the present worth. Subtract the present worth from the given sum, and the remainder is the discount.* EXAMPLES. 1. What is the present worth of $132,50, due... | |
 | James H. Porter - 1845 - 252 σελίδες
...the line, and the amount of one dollar for the given time and rate per cent on the left hand side, and the quotient will be the present worth. Subtract the present worth from the sum due, and you will obtain the discount. 1. What is the present worth of 600 dollars, due 4 years hence,... | |
 | Nathan Daboll, David Austin Daboll - 1849 - 260 σελίδες
...sum to the discount. 2 Divide the given sum by the amount of $1, or jGl, at the given rate and time, the quotient will be the present worth. Subtract the present worth from the given sum, and the remainder is the discount.* EXAMPLES. 1. What is the present worth of $132,50, due... | |
 | Daniel Leach - 1853 - 622 σελίδες
...6 per cent. ? 10. What is the amount of $5000 for 20 years, at 5 per cent. ? DISCOUNT. SECTION XTV. 185. DISCOUNT is a deduction of a certain per cent,...the product of the time (t) and the rate (r). Thus p = — 5—. 0 — p = the discount. r 1+tx.r ' The reason of this rule is obvious. Since $1 is the... | |
 | Ezra S. Winslow - 1853 - 264 σελίδες
...it matures, and add it to the dollar ; divide the face of the demand by the dollar thus increased, and the quotient will be the present worth ; subtract the present worth from the face of the demand, and the difference will be the discount. EXAMPLE. — Required the present worth... | |
| |
Divide the sum by the amount of $1 for the rate and time, and the quotient will be the present worth. Subtract the present worth from the sum, and the remainder will be the discount. 
