 | James Robinson (of Boston.) - 1847 - 304 σελίδες
...sum or debt payable at some future time, and its present worth. The present worth of any given sum or debt, payable at a future time without interest, is such a sum of money as would amount to the given sum or debt, if put on interest, at the time it becomes payable.... | |
 | Joseph Ray - 1857 - 348 σελίδες
...this sum would be S100 ; for, the amount of $100 at interest for 1 year, at 6 ./0, is $106. Art. 220. The PRESENT WORTH of a debt payable at a future time without interest, is that sum which, at a specified rate c/0 for the same time, would amount to the debt. The DISCOUNT is... | |
 | Horatio Nelson Robinson - 1859 - 348 σελίδες
...DISCOUNT. 313. Discount is an abatement or allowance made for the payment of a debt before it is due. 313. The Present Worth of a debt, payable at a future time...put at legal interest, will amount to the given debt when it becomes due. 1. A owes B $321, payable in 1 year; what is the present worth of the debt, the... | |
 | Horatio Nelson Robinson - 1860 - 444 σελίδες
...DISCOUNT. 55G. Discount is an abatement or allowance made j'ov the payment of a debt before it is due. 557. The Present Worth of a debt, payable at a future time...a sum as, being put at legal interest, will amount 10 the given debt when it becomes due. 1. What is the present worth and what the discount of $642.12... | |
 | James Stewart Eaton - 1862 - 320 σελίδες
...DISCOUNT. 25~. DISCOUNT is an abatement or deduction made for the payment of a debt before it is due. The PRESENT WORTH of a debt, payable at a future time without interest, is, evidently, a sum which, put at legal interest, will amount to the debt at the time of its becoming... | |
 | James Stewart Eaton - 1864 - 322 σελίδες
...DISCOUNT. 252. DISCOUNT is an abatement or deduction made for the. payment of a debt before it is due. The PRESENT WORTH of a debt, payable at a future time without interest, is, evidently, a sum which, put at legal interest, will amount to the debt at the time of its becoming... | |
 | Stoddard A. Felter - 1864 - 430 σελίδες
...made for the payment of a debt before it is due. Its symbol is D. 260. The Present Worth of a sum due at a future time without interest, is such a sum as, being placed at interest, will equal the given debt when it becomes due. The symbol is PW. The terms present... | |
 | Joseph Ray - 1857 - 358 σελίδες
...this sum would be §100 ; for, the amount of §100 at interest for 1 year, at 6 %, is $106. Art. 220. The PRESENT WORTH of a debt payable at a future time without interest, is that sum which, at a specified rate of0 for the same time, would amount to the debt. The DISCOUNT is... | |
 | Henry Bartlett Maglathlin - 1869 - 332 σελίδες
...Ans. $2.465-)- more by the latter method. PRESENT -WORTH. 302. The Present Worth of a sum of money, payable at a future time without interest, is such a sum as, being placed at interest, at the given rate, will amount to the debt when it becomes due. The DISCOUNT is... | |
 | Shelton Palmer Sanford - 1872 - 404 σελίδες
...for the payment of money before it becomes due. ART. 257. The PRESENT WORTH of a debt payable at some future time without interest is such a sum as, being put at interest, would amount to the debt at the time when the debt becomes due. Hence, The DISCOUNT is the... | |
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The Present Worth of a debt, payable at a future time without interest, is such a sum as, being put at legal interest, will amount to the given debt when it becomes due. 
