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" Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient will be the average term of credit. "
Introduction to arithmetic - Σελίδα 114
των Chambers W. and R., ltd - 1854
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...mos., making it equitable for both. 676. RULE. Multiply each payment or debt by its time of credit, and divide the sum of the PRODUCTS by the sum of the PAYMENTS. NOTES. — 1. By the term discount, as used above, is meant mercantile discount or simple...

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...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...

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...equate the time of several debts or payments, 1. Multiply each debt or payment by its time of credit, and divide the sum of the products by the sum of the debts or payments. Or, 2. Compute the interest of eadi debt or payment for its time of credit, and...

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...RULE. — To equate two or more payments, multiply each payment by the number representing its time, and divide the sum of the products by the sum of the payments. The times of the several payments must be in the same denomination, and this will be the...

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...quotient, 5}, gives the number of months. Hence, the 484. RULE. — Multiply each item by its time, and divide the sum of the products by the sum of the items. r R OB L EMS. 1. John Simpson bought a farm, for which he was to pay $500 cash ; $600 in 6 mo....




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