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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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...of $2500 for ^5 of 17000 mo. , or 6| mo. KTJLE.— I. Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient is the average term of credit. II. (To find the equated time of payment,) Add...

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...because 45 x 6 = 270 x 1. Hence the following RULE. 1. 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. II. Add the averaye term of credit to...




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