| Charles Potts - 1835 - 202 σελίδες
...year. What amount 1 1 .1 100$ 1.03 1st half year. 1. 03 2d half year. 1.03 3d half year. DISCOUNT. DISCOUNT is an allowance made for the payment of money before it becomes due. The present worth of any debt not yet due, is so much money as, being put to interest... | |
| 1836 - 488 σελίδες
...anee made for the use of borrowed money, or for debts of any kind remaining unpaid after they are due. Discount is an allowance made for the payment of money before it is due. An allowance of a certain rate per cent, on any given sum, may be calculated by multiplying the same... | |
| Charles Guilford Burnham - 1837 - 266 σελίδες
...Answer, £385 13s. 7£d. QUESTIONS. 3. What is the rule, when there are months and days? 168 DISCOUNT. 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... | |
| Zadock Thompson - 1838 - 174 σελίδες
...the above time and rate would have been £19,62, greater than the discount-by #1.62. DISCOUNT 182. 19 an allowance made for the payment of money before it is due, or so much per cent, to be deducted from a given sum. The present worth of a sum of money due some... | |
| Frederick Emerson - 1839 - 300 σελίδες
...principal. This problem forms the subject of the next article, under the head of Discount. XVI. DISCOUNT. DISCOUNT is an allowance made for the payment of money...it is due. The present worth of a debt, payable at a future period without interest, is that sum of money, which, being put on interest, would amount... | |
| Calvin Tracy - 1840 - 326 σελίδες
...compare with Simple and Compound Proportion7 What is the rule for Conjoined Proportion 7 DISCOUNT. Discount is an allowance made for the payment of money before it becomes due. The present worth of any sum of money, payable at some future time without interest, is... | |
| George Roberts Perkins - 1841 - 274 σελίδες
...8 per cent. per annum, the interest being compounded half-yearly ? COMPOUND DISCOUNT. 7O. Compound discount is an allowance made for the payment of money before it is due, on the supposition that the money draws compound interest. Hence, the finding the present worth, resolves... | |
| Charles Guilford Burnham - 1841 - 324 σελίδες
...of 256 £ 10 s. in 7 years, at 6 per cent., compound interest? Answer, 385 .£ 13s. 7£ d. DISCOUNT. 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... | |
| William Ruger - 1841 - 268 σελίδες
...the .fourth term or answer will become increased, or diminished, in pro* portion to the second term. DISCOUNT, Is an allowance made for the payment of money before it becomes due, or upon advancing ready money on notes, obligations, &c. which are payable at some future... | |
| Commissioners of National Education in Ireland - 1842 - 160 σελίδες
...Kequired the amount of 2467. 15s. for 3 years, C weeks. and 4 days, at 2j- 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 money immediately,... | |
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