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" Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. "
A Practical Treatise on Arithmetic ...: Combining the Useful Properties of ... - Σελίδα 166
των George Leonard (jr.) - 1841 - 340 σελίδες
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Chambers's Encyclopædia: A Dictionary of Universal Knowledge, 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,...

The Crittenden Commercial Arithmetic and Business Manual: Designed for the ...

John Groesbeck - 1868 - 350 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...

The Crittendon Commercial Arithmetic and Business Manual: Designed for the ...

John Groesbeck - 1871 - 370 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...

A Practical Treatise on Arithmetic, Arranged for Pupils in Classes: For the ...

Robert Stewart (of Dundee.) - 1871 - 248 σελίδες
...periods, may be nettled at one payment. RULE. — Multiply each debt by the time it has to run, then divide the sum of the products by the sum of the debts, the quotient will be the time required. 1. If L300 is payable in 3 months, L460 in 4 months, and L500...

The Universal Modern Cambist, and Foreign and Domestic Commercial Calculator

Ezra S. Winslow - 1872 - 256 σελίδες
...Multiply 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 exhibits...

Crittenden Commercial Arithmetic ...

John Groesbeck - 1872 - 374 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...

A Complete Arithmetic: Uniting Mental and Written Exercises in a Natural ...

Emerson Elbridge White - 1870 - 348 σελίδες
...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 divide...

The American Commercial Arithmetic: For the Use of the Grand Rapids Business ...

T. A. Bryce - 1873 - 370 σελίδες
...each debt, except the one fint due, oy the difference b& tween its term and the term of the first; divide the sum of the products by the sum of the debts, the quotient with the term of the first added to it will be the equated time. Another method, which...

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

Edward Brooks - 1874 - 352 σελίδες
...becomes due, and multiply each debt by the time in which it becomes due after the date selected. II. 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. 2. Mr. Johnson...

The Practical Arithmetic on the Inductive Plan: Including Oral and Written ...

William James Milne - 1877 - 418 σελίδες
...mo., which is 2 months, the average term of credit. RULE.—Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. 2. HB Claflin & Co. sold a bill of goods amounting...




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