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" Divide the sum of the products by the sum of the debts, and the quotient will be the average term of credit, estimated from the date selected. "
The New Normal Written Arithmetic: Designed for Common Schools, Normal ... - Σελίδα 314
των Edward Brooks - 1877 - 421 σελίδες
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The art and practical application of arithmetic, by J.& T. Flint

John Flint (inspector of schools.) - 1862 - 152 σελίδες
...paid at once — Multiply each debt by the time it has to run, reckoning from the date of the first. Divide the sum of the products by the sum of the debts, as in the following EXAMPLE. At what time should £170, due 1st Jan.; £120, due 17th Feb.; and £200,...

The Normal Written Arithmetic: By Analysis and Synthesis, Designed for ...

Edward Brooks - 1863 - 350 σελίδες
...March 10, the time at which the first debt is due ; hence the equated time of payment is April 20th. From the above we derive the following RULE. — I....first debt becomes due, and multiply each debt by the time in which it becomet due after the dale selected. II. Divide the sum of the products ly the...

Arithmetical Examples for Military and Civil Service Students; Being a ...

William Alfred Browne - 1863 - 486 σελίδες
...periods is called the equated time of payment. RULE. Multiply each debt by its specified time, and divide the sum of the products by the sum of the debts ; and the resulting quotient will be the required equated time. Example 1. If £200 be due at the end of six...

Arithmetic, designed for the use of schools

John William Colenso (bp. of Natal.) - 1864 - 238 σελίδες
...following Ordinary Rule. Multiply the several debts by their times in any uniform denomination, and divide the sum of the products by the sum of the debts. Thus, the above process is reduced to the following: — 651 x 5 = 3255 434x8 = 3472 10S5 )6727 6j...

The civil service arithmetic. [With] A key, Βιβλίο 1

Robert Johnston (F.R.G.S.) - 1863 - 254 σελίδες
...RULE. — 1°. Multiply each debt by the time which should elapse before it will become due. 2°. Then divide the sum of the products by the sum of the debts. Various Departments. Ex. 1. Find by any rule with which you are acquainted the sum which, paid one...

The Normal Written Arithmetic: By Analysis and Synthesis, Designed for ...

Edward Brooks - 1863 - 344 σελίδες
...the first debt is due ; henca the equated time of payment, is April 20th. From the above we deriy« the following RULE. — I. Select the date at which...first debt becomes due, and multiply each debt by the time in which it becomes du» after the date selected. II. Divide the sum of the products Ly the...

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 debts, and the result...

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 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...

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,...




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