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" Divide the given amount by the amount of $1 for the given time and rate, and the quotient will be the principal required. "
Robinson's Progressive Practical Arithmetic: Containing the Theory of ... - Σελίδα 254
των Horatio Nelson Robinson, Daniel W. Fish - 1858 - 372 σελίδες
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Foundations of Success and Laws of Trade ...: A Complete Business Guide ...

Daniel R. Shafer - 1881 - 715 σελίδες
...at any rate per cent. The following rule is the best : divide the given sum by the amount of $1.00 for the given time and rate, and the quotient will be the present worth. From the given sum take the present worth, and the balance will be the discount. Example....

The Complete Arithmetic: Oral and Written

Henry Bartlett Maglathlin - 1831 - 368 σελίδες
...? 292. Rule to find the Present Worth and True Discount. Divide the given debt by the amount of $ 1 for the given time and rate, and the quotient will be the present worth. Subtract the present worth from the debt, and the difference will be the true discount....

The Packard Commercial Arithmetic

Silas Sadler Packard, Byron Horton - 1882 - 312 σελίδες
...many times greater than the amount of $1, as that principal is greater than $1. To find the principal, divide the given amount by the amount of $1 for the given time and rate. In simple interest, the interest on a given principal for a given time is in proportion to the rate...

The Packard Commercial Arithmetic

Silas Sadler Packard, Byron Horton - 1882 - 204 σελίδες
...many times $1 as $1.0 6530 are contained times in $1880.64, or $1728. 26120 26120 0 329. RULE. — Divide the given amount by the amount of $1 for the given time, at the given rate. EXAMPLES. 330. What principal will amount to 1. $1272.254, in 6 mo. 6 da., at 6$?...

The Complete Arithmetic, Oral and Written, on the Basis of Works

Henry Bartlett Maglathlin - 1882 - 368 σελίδες
...? 292. Rule to find the Present Worth and True Discount. Divide the given debt by the amount of $ 1 for the given time and rate, and the quotient will be the present worth. Subtract the present worth from the debt, and the difference •will be the true discount....

New Complete Arithmetic on the Inductive Method: With Parallel Mental and ...

James William Nicholson - 1885 - 326 σελίδες
...of finding the principal when the amount, time, and rate are given. RULE. — Divide the amount due by the amount of $1 for the given time and rate, and the quotient will be the present worth. EXERCISES (Oral and Written). 4O8. Find the present worth of : 1. $108 payable in 1...

Complete Arithmetic: Elements and Commercial. New Series

Christian Brothers - 1888
...$1260. RULE. — /. Divide the given interest by the interest of $1 for the given time and rate. Or, //. Divide the given amount by the amount of $1 for the given time and rate. Formulas : (1) P = /-H (Ä x T). (2) P = A -i- [l + (R x T)]. What principal will produce : 3. $538....

Numbers Applied: A Complete Arithmetic

Andrew Jackson Rickoff - 1886 - 416 σελίδες
...the given rate %. 231. II. To find the Principal (the amount, time, and rate being given). Rule, — Divide the given amount by the amount of $1 for the given time at the given rate %. Note. — Observe the difference between Rules I and II. 232. III. To find the...

Robinson's Progressive Practical Arithmetic: Containing the Theory of ...

Horatio Nelson Robinson - 1888
...; dividing, we obtain $265, the required principal. RULE. Divide the given interest by the interest of $1 for the given time and rate, and the quotient will be the principal. EXAMPLES FOR PRACTICE. 2. What principal, at 6 per cent., will gain $28.12£ in 6 years 3 months ?...

The Commercial Arithmetic: A Practical Text-book for Business Colleges, High ...

Warren H. Sadler - 1888
...$3134.24 as the 124 da. =$3134.24. ) given amount ($3134.24) is times the amount of $1 ($1.031), or $3040. Role. — Divide the given amount by the amount of $1 for the given time and at the given rate. NOTE. — To obtain the amount of $1, find the interest of $1 by Note, 327 ; and...




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