 | 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 at some... | |
 | 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 money immediately,... | |
 | 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 money... | |
 | Benjamin Naylor - 1850 - 334 σελίδες
...as if it were what is the compound interest of $1000 for 5 years, at 3 per cent, a year ? DISCOUNT. Discount is an allowance made for the payment of money before it becomes due. The present worth of a debt, payable at a subsequent period, without interest, is such... | |
 | 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... | |
 | 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 to the debt when it becomes due. The... | |
 | 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 of money... | |
 | Frederick Emerson - 1851 - 294 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 before it is due. x The present worth of a debt, payable at a future period ' without interest, is that sum of money,... | |
 | John Fair Stoddard - 1852 - 320 σελίδες
...amount to $7600 ? Ans. $5000. DISCOUNT. DISCOUNT is an allowance, according to the rate per cent., made for the payment of money before it is due. The...some future time, without interest, is such a sum, as will, in the given time, and at the given rate per cent., amount to the debt. Hence, the present... | |
 | 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 for the payment... | |
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DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a... 
