 | Charles Guilford Burnham - 1850 - 350 σελίδες
...10s. for 7 years, at 6 per cent., compound interest ? Ans. £385 13s. l\d. DISCOUNT. Art. 212. — DISCOUNT is an allowance made for the payment of money before it becomes due. The present worth of a debt due at any future period, is so much money as, being put on interest, at... | |
 | Ireland commissioners of nat. educ - 1850 - 160 σελίδες
...the amount of 2407. 15s. for 3 years, 6' weoks, and 4 days, at 2-J per cent. per annum ? DISCOUNT. DISCOUNT is an allowance made for the payment of money before it is duo. Thus, if a person passed me a bill for £105, to be paid at the end of a year, and I wished... | |
 | Commissioners of National Education in Ireland - 1850 - 162 σελίδες
...the amount of 2467. 15s. for 3 years, 6 weeks, and 4 days, at 2 £ 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... | |
 | George Roberts Perkins - 1850 - 356 σελίδες
...per annum, the interest being compounded halfyearly ? Ans. $3243-398. COMPOUND DISCOUNT. 69. COMPOUND DISCOUNT is an allowance made for the payment of money before it is due, on the supposition that the money draws compound interest. The present worth of a debt payable... | |
 | George Roberts Perkins - 1850 - 364 σελίδες
...for a given principal to double itself at simple interest at various rates per cent. DISCOUNT. 117. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a debt payable at some future time, without interest, is such a sum of... | |
 | William Smyth - 1851 - 272 σελίδες
...16f years. Ex. 2. When will a principal be tripled at 5 per cent. ? ANS. In 40 yearS. DISCOUNT. LXV. Discount is an allowance made for the payment of money before it is due. The present worth of a debt due some time hence is a sum that, put at interest, will amount... | |
 | George Roberts Perkins - 1851 - 356 σελίδες
...for a given principal to double itself at simple interest at various rates per cent. DISCOUNT. 117. DISCOUNT is an allowance made for the payment of money before it is due. . Tho present worth of a debt payable at some future time, without interest, is such a sum... | |
 | Benjamin Greenleaf - 1852 - 348 σελίδες
...SECTION XXIII. DISCOUNT AT SIMPLE INTEREST. ART. 287. Discount is an allowance for the payment of any sum of money before it becomes due, and is the difference between that sum and its present worth. The present worth of any sum, due some time hence, is such a sum, as, if put... | |
 | Charles Davies - 1852 - 344 σελίδες
...2.854:533.37993 3.025593.61652 3.207138.86968 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 DISCOUNT. 261. 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.* NOTE. — DATS OF GRACE are days allowed... | |
 | Thomas H. Palmer - 1854 - 356 σελίδες
...first nail, agreeably to the first offer ? Ans. 1 gill. COMPOUND DISCOUNT. Definitions. 1. Compound Discount is an allowance made for the payment of money before it is due, on the supposition that the money draws compound interest. 2. When compound interest is reckoned,... | |
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DISCOUNT. DISCOUNT is an allowance made for the payment of any sum of money before it becomes due ; and is the difference between that sum due some time hence, and its present worth. The present worth of any sum, due some time hence, is such a sum, as,... 
