 | Charles Davies - 1866 - 356 σελίδες
...1.75350 2.10684 2.52695 3.02559 3.01652 20 1.80611 2.19112 2.65329" 3.20713 3.86968 DISCOUNT. 299. DISCOUNT is an allowance made for the payment of money before it is due. 300. PRESENT VALUE of a debt, due at a future time, is nch a sum as, being placed at interest until... | |
 | John Fair Stoddard - 1888 - 480 σελίδες
...a Sunday or a legal holiday, it must be paid on the previous day. DISCOUNT AND PRESENT WORTH. 277. Discount is an allowance made for the payment of money before it is due. 278. The f resent Worth of a note or debt payable at a future time, is such a sum as, being placed... | |
 | John Fair Stoddard - 1868 - 428 σελίδες
...a Sunday or a legal holiday, it must be paid on the previous day. DISCOUNT AND PRESENT WORTH. 277. Discount is an allowance made for the payment of money before it is due. 278. The Present Worth of a note or debt payable at a future time, is such a sum as, being placed at... | |
 | Robert Stewart (of Dundee.) - 1871 - 248 σελίδες
...25, Oct. 13, Nov. 26, By cash By cash By cash By cash By cash Cr. L355 839 456 422 166 112 DISCOUNT. DISCOUNT is an allowance made for the payment of money before it becomes due, The present value of a sum of money due at a future period, is that which, being put to... | |
 | Philip Crellin - 1871 - 196 σελίδες
...a bargain — part of the purchase-money. Derelict. — A ship abandoned at sea. Discount. — (1.) An allowance made for the payment of money before it is due. Thus A having bought goods of В on three months' credit, offers at the end of one month to pay his... | |
 | Shelton Palmer Sanford - 1872 - 404 σελίδες
...Hence, ART. 256. DISCOUNT is a deduction made 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... | |
 | George Payn Quackenbos - 1872 - 350 σελίδες
...1865, $100. What is due, April 28, 1866 ? (See § 368.) Ans. $633.257 CHAPTER XXII. DISCOUNT. 374. Discount is an allowance made for the payment of money before it is due. 375. Discount is often computed without reference to time, at a certain per cent, on the amount due,... | |
 | Horatio Nelson Robinson - 1875 - 180 σελίδες
...at interest at the given rate per cent, until it becomes due, will amount to the face of the note. Discount is an allowance made for the payment of money before it becomes due, and is obtained by subtracting the present worth from the given sum or face of the note.... | |
 | Samuel Mecutchen, George Mornton Sayre - 1877 - 200 σελίδες
...$350; Aug. 30, 1876, $400; Nov. 14, 1876, $50. What was due Jan. 1, 1877? PRESENT WORTH AND DISCOUNT. The Present Worth of a debt payable at some future time without interest is that sum of money which, at legal interest for the given time, will amount to the debt. Thus, the present... | |
 | Edward Brooks - 1877 - 232 σελίδες
...Vermont, and New Hampshire rules, see Srooks's Higher Arithmetic. TRUE DISCOUNT AND PRESENT WORTH. 494. Discount is an allowance made for the payment of money before it becomes due. 495. The Present Worth of a debt payable at a future time without interest is such a sum... | |
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DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a... 
