 | Thomas H. Palmer - 1854 - 368 σελίδες
...first nail, agreeably to the first offer ? COMPOUND DISCOUNT. Definitions. Am. 1 gill. . 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,... | |
 | George Roberts Perkins - 1855 - 388 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... | |
 | Charles Davies - 1856 - 450 σελίδες
...months, and compounded at 7 per cent: what will be the amount of the payment when due ? DISCOUNT. 228. 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. 229. The PRESENT VALUE of a note is such... | |
 | Charles Guilford Burnham - 1857 - 328 σελίδες
...10s. for 7 years, at 6 per cent., compound interest ? Ans. £385 13s. l^d. DISCOUNT. Aft« 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,... | |
 | James Bates Thomson - 1858 - 400 σελίδες
...years, at 6 per cent. ? 17. What is the interest of $650 for 30 years, at 7 per cent.? DISCOUNT. 259. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a sum or debt, payable at a future time without interest, is the sum,... | |
 | Dana Pond Colburn - 1858 - 288 σελίδες
...3Tsff per cent? 10. $363.48 in 1 yr. 4 mo. 20 da. at 6 per cent? 122* Discount and Present Worth. (a.) Discount is an allowance made for the payment of money before it is due. (b.) The PRESENT WORTH of a debt due at a future time is the sum which it is supposed to be... | |
 | Horatio Nelson Robinson - 1859 - 208 σελίδες
...at interest at the given rate per cent. until it becomes due, will amount to the face of the note. Discount is an allowance made for the payment of money before it becomes due, and is obtained by subtracting the present worth from the given sum or face of the note. 1. What is the present... | |
 | Horatio Nelson Robinson - 1860 - 190 σελίδες
...at interest at the given rate per cent. until it becomes due, will amount to the face of the note. Discount is an allowance made for the payment of money before it becomes due, and is obtained by subtracting the present worth from the given sum or face of the note. 1. What is the present... | |
 | Robert Johnston (F.R.G.S.) - 1860 - 188 σελίδες
...£970 ; what is each person-s share ? Ans. John, 'ei50 ; Henry, £270 ; Peter, £550. DISCOUNT. 181. DISCOUNT is an allowance made for the payment of money before it becomes due. If I owe my friend '£105, which I am to pay him at the end of a year ; he cannot expect me to pay... | |
 | Edward Liddell (writer on arithmetic.) - 1860 - 160 σελίδες
...so that in case of loss both the value of the goods and the premium may be recovered ? DISCOUNT. 79. Discount is an allowance made for the payment of money before it is due. The following is one of the most frequent eases in which discount occurs :— A buys £100... | |
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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,... 
