 | Horatio Nelson Robinson - 1860 - 190 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.... | |
 | Robert Johnston (F.R.G.S.) - 1860 - 188 σελίδες
...£970 ; what is each person-s share ? Ans. John, 'ei50 ; Henry, £270 ; Peter, £550. DISCOUNT. 181. DISCOUNT is an allowance made for the payment of money before it becomes due. If I owe my friend '£105, which I am to pay him at the end of a year ; he cannot expect... | |
 | Charles Davies - 1861 - 496 σελίδες
...2.10084 2.52695 3.02559 3.61652 19 •-0 1.80611 2.19113 2.65329 3.20713 3.80968 20 DISCOUNT. 285. DISCOUNT is an allowance made for the payment of money before it is due. THE FACE of a note is the amount named in the note. THE PRESENT VALUE of a note, is such a sum as, being... | |
 | Edward Liddell (writer on arithmetic.) - 1861 - 192 σελίδες
...so that in case of loss both the value of the goods and the preminm may be recovered ? DISCOUNT. 79. Discount is an allowance made for the payment of money before it is due. The following is one of the most frequent cases in which discount occurs : — A buys £100 worth of goods... | |
 | James Stewart Eaton - 1862 - 320 σελίδες
...cent, per annum ? 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... | |
 | Robert Johnston (F.R.G.S.) - 1863 - 254 σελίδες
...Principal unpaid £90 „ 2 years =10 16 Interest £23 7 Principal unpaid 90 0 £113 7 Ans. DISCOUNT. 140. DISCOUNT is an allowance made for the payment of money before it becomes due. • If I owe my friend £105, which I am to pay him at the end of a year ; he cannot expect... | |
 | Edward Brooks - 1863 - 350 σελίδες
...and deduct the sum of these several amounts from the amount of tba principal." TRUE DISCOUNT. 333. Discount is an allowance made for the payment of money before it becomes due. , 334. The Present Worth of a sum, payable at some future time without interest, is such... | |
 | Horatio Nelson Robinson - 1863 - 188 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.... | |
 | James Stewart Eaton - 1864 - 322 σελίδες
...cent, per annum ? 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... | |
 | Ireland commissioners of nat. educ - 1865 - 184 σελίδες
...the amount of £246, 16«. for 3 years, 6 weeks, and 4 days, at 21- per cent. per annum ? DISCOUNT. DISCOUNT is an allowance made for the payment of money before it is due. Thus, if a person passed me a bill for £105, to be paid at the end of a year, and I wished money immediately,... | |
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DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a... 
