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" Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. "
The North American Arithmetic: Part Third, for Advanced Scholars - Σελίδα 114
των Frederick Emerson - 1834 - 288 σελίδες
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Arithmetic for school and college use. With a chapter on the metric system

Thomas Percy Hudson - 1866 - 268 σελίδες
...being reckoned : Multiply the amount of each debt by its corresponding time, and add the products. Divide the sum of the products by the sum of the debts. NB — When mercantile discount is reckoned (as is the case in practice), the rate per cent. does not...

The Common School Arithmetic: Combining Analysis and Synthesis, Adapted to ...

James Stewart Eaton - 1866 - 328 σελίδες
...RULE 1. Multiply each debt by the number expressing the time to elapse before it becomes due, then divide the sum of the products by the sum of the debts, and the quotient is the .average term of credit. Add the average term of credit to the date of the...

The Crittenden Commercial Arithmetic and Business Manual: Designed for the ...

John Groesbeck - 1867 - 226 σελίδες
...succeeding amount by the time intervening between the earliest date and the time the amount becomes due. Divide the sum of the products by the sum of the debts; the quotient will be the average time required. Add this average time to the day of maturity of the amount first falling due,...

The Crittenden Commercial Arithmetic and Business Manual: Designed for the ...

John Groesbeck - 1868 - 350 σελίδες
...succeeding amount by the time intervening between the earliest date and the time the amount becomes due. Divide the sum of the products by the sum of the debts; the quotient will be the average time required. Add this average time to the day of maturity of the amount first falling due,...

Chambers's Encyclopaedia: A Dictionary of Universal Knowledge for ..., Τόμος 4

1868 - 878 σελίδες
...rule generally given is as follows: Multiply each sum due by the time at which it is payable, and then divide the sum of the products by the sum of the debts : the quotient is the equated time. For example, if £10 be due at one month, and £20 at two months, find as an equivalent...

Chambers's Encyclopaedia: A Dictionary of Universal Knowledge for ..., Τόμος 4

1868 - 856 σελίδες
...generally given is as follows : Multiply each sum due by the time at which it is payable, and then divide the sum of the products by the sum of the debts : the quotient is the equated time. For example, if £10 be due at one month, and £20 at two months, find as an equivalent...

A Practical Treatise on Arithmetic, Arranged for Pupils in Classes: For the ...

Robert Stewart (of Dundee.) - 1871 - 248 σελίδες
...periods, may be nettled at one payment. RULE. — Multiply each debt by the time it has to run, then divide the sum of the products by the sum of the debts, the quotient will be the time required. 1. If L300 is payable in 3 months, L460 in 4 months, and L500 in 6 months, when may...

The Crittendon Commercial Arithmetic and Business Manual: Designed for the ...

John Groesbeck - 1871 - 370 σελίδες
...succeeding amount by the time intervening between the earliest date and the time the amount becomes due. Divide the sum of the products by the sum of the debts; the quotient will be the average time required. Add this average time to the day of maturity of the amount first falling due,...

Crittenden Commercial Arithmetic ...

John Groesbeck - 1872 - 374 σελίδες
...succeeding amount by the time intervening between the earliest date and the time the amount becomes due. Divide the sum of the products by the sum of the debts; the quotient will be the average time required. Add this average time to the day of maturity of the amount first falling due,...

The Universal Modern Cambist, and Foreign and Domestic Commercial Calculator

Ezra S. Winslow - 1872 - 256 σελίδες
...each debt by the number of days between its own date of maturity and that of the debt earliest due, and divide the sum of the products by the sum of the debts; the quotient will express the common time in days subsequent to the leading date. The following exhibits the face of...




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