The National Arithmetic on the Inductive System: Combining the Analytic and Synthetic Methods : Forming a Complete Course of Higher ArithmeticRobert S. Davis & Company, 1863 - 444 σελίδες |
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Σελίδα 290
... payable in 60 days , at 7 per cent . ? Ans . $ 14.70 . 4. What is the bank discount on $ 8000 , payable in 60 days ? What are the proceeds ? Ans . Discount , $ 84 ; proceeds , $ 7916 . 5. How much money should be received on a note for ...
... payable in 60 days , at 7 per cent . ? Ans . $ 14.70 . 4. What is the bank discount on $ 8000 , payable in 60 days ? What are the proceeds ? Ans . Discount , $ 84 ; proceeds , $ 7916 . 5. How much money should be received on a note for ...
Σελίδα 291
... payable in 60 days , must a note be given to a bank discounting at 6 per cent . , to obtain $ 989.50 ? OPERATION . $ 1.0000 Interest of $ 1 for 63 days , .0105 Proceeds of $ 1 , $ 0.989 5 $ 989.50 .9895 $ 1000 . Ans . $ 1000 . Since ...
... payable in 60 days , must a note be given to a bank discounting at 6 per cent . , to obtain $ 989.50 ? OPERATION . $ 1.0000 Interest of $ 1 for 63 days , .0105 Proceeds of $ 1 , $ 0.989 5 $ 989.50 .9895 $ 1000 . Ans . $ 1000 . Since ...
Σελίδα 292
... payable in 30 days , allowing it is to be discounted at 1 per cent . a month ? Ans . $ 1516.68 . 394. To find the rate of interest corresponding to a given rate of bank discount . Ex . 1. What rate of interest is paid when a note payable ...
... payable in 30 days , allowing it is to be discounted at 1 per cent . a month ? Ans . $ 1516.68 . 394. To find the rate of interest corresponding to a given rate of bank discount . Ex . 1. What rate of interest is paid when a note payable ...
Σελίδα 293
... payable in one year , without grace , is dis- counted , to what rate per cent . of interest does the bank discount correspond ? Ans . 61 per cent . 395. To find the rate of bank discount corresponding to a given rate of interest . Ex ...
... payable in one year , without grace , is dis- counted , to what rate per cent . of interest does the bank discount correspond ? Ans . 61 per cent . 395. To find the rate of bank discount corresponding to a given rate of interest . Ex ...
Σελίδα 294
... payable in 6 months . will he receive for the note at a bank ? Ans . $ 6.11 . $ 7860 , for which How much money Ans . $ 7620.27 . 10. What is the difference between the true discount and that taken by banks on $ 1500 due one year hence ...
... payable in 6 months . will he receive for the note at a bank ? Ans . $ 6.11 . $ 7860 , for which How much money Ans . $ 7620.27 . 10. What is the difference between the true discount and that taken by banks on $ 1500 due one year hence ...
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12 per cent acres amount annexed annuity Arithmetic avoirdupois barrels becomes due bill bought bushels carats cask ciphers circumference column common denominator common fraction composite number compound interest compound numbers contain continued fraction cost cube root diameter difference discount dividend division dollars duodecimal equal exactly divide EXAMPLES expressed decimally feet long figures gain gallons given number grains greatest common divisor Hence hogshead hundred improper fraction inches last term least common multiple longitude lowest terms measure meters miles minuend mixed number months multiplicand Multiply NOTE number denoting number of days number of terms obtain paid payable payment pounds premium present worth prime factors prime number principal quantity quotient rate per cent ratio received Reduce remainder repetend rods RULE SECOND OPERATION shillings side simple numbers sold square root subtract subtrahend tens third thousand tons weight whole number write yards