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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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An Advanced Arithmetic, Theoretical and Practical

James William Nicholson - 1889 - 408 σελίδες
...-will express the number of dollars in the principal. If the amount is given instead of the interest, divide the. given amount by the amount of $1 for the given time and rate. EXERCISE LXXVII. What principal : 2. In 2 yr. 6 mo., at 8%, will give $7 interest? 3. In 6 yr. 10 mo....

The Essentials of Business Arithmetic, for Use in Business Colleges

Caton's national business college, Buffalo, N.Y. - 1889 - 330 σελίδες
...$3040. ($1.031), the principal to produce the required amount must be 3040 times $1, or $3040. RULE. — Divide the given amount by the amount of $1 for the given time and at the given rate. NOTE 1. — To obtain the amount of $1, find the interest of $1 by Note 1, 253 ;...

Essentials of Business Arithmetic: For Use in Schools and Colleges

Warren H. Sadler, William Russell Will - 1890 - 312 σελίδες
...($3134.24) l$1.031), the principal to produce the required amount must be 3040 times $1, or $3040. RULE. — Divide the given amount by the amount of $1 for the given time and at the given rate. NOTE 1. — To obtain the amount of $1, find the interest of $1 by Note 1, 253 ;...

The Crittenden Commercial Arithmetic and Business Manual ...

John Groesbeck - 1891 - 426 σελίδες
...interest, is $3000. What is the annuity? Ans. $388.513. 416. To find an annuity from its amount. Rule. — Divide the given amount by the amount of $1 for the given time and rate. EXAMPLE. — The final value of an annuity for 11 years, at l^o compound interest, amounts to $4735.08....

Robinson's New Practical Arithmetic for Common Schools and Academies

Horatio Nelson Robinson - 1892 - 428 σελίδες
...from the amount, we obtain the interest. EULE. — I. Divide the given amount by the amount of $ 1 for the given time and rate, and the quotient will be the principal required. II. iSubtract the principal from the amount to obtain the interest. 2. What principal, at 6%, will...

Robinson's New Practical Arithmetic for Common Schools and Academies

Horatio Nelson Robinson - 1892 - 428 σελίδες
...the interest, we obtain $ 296.80, the Amt. . — I. Divide the given interest by the interest of $ 1 for the given time and rate, and the quotient will be the principal. II. Add the principal and interest to obtain the amount. 2. What principal, at 6%, will gain $28.12£...

Commercial Arithmetic

Oscar F. Williams - 1894 - 364 σελίδες
...or $103.68. Rule.—Divide the amount of the debt, at its maturity, by one dollar plus its interest for the given time and rate, and the quotient will be the present worth; subtract the present worth from the amount, and the remainder will be the true discount....

Commercial Arithmetic

Warren H. Sadler - 1901 - 424 σελίδες
...124 da. =$3134.24. [ given amount ($3134.34) is times the amount of $1 ($1.031), or $3040. Rule. — 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...

The Arithmetic Help, for Pupils, Teachers, Business Men

Alvord D. Robinson - 1902 - 572 σελίδες
...Am't of $1 for the term. 1.0633h319.00 3V 3 3.19ЭД ) 957.00 ($300 Principal. 957 RULE: Divide the amount by the amount of $1 for the given time and rate. III. To find the Time, when Principal, Interest, and Rate are given. PROBLEM : How long will it take...

The Manual of Business: Being a Collection of Correct Business Forms for ...

1902 - 272 σελίδες
...$863.93, or $90.72. Rule. Divide the amount of the debt at its maturity by one dollar plus its interest for the given time and rate and the quotient will be the present worth. Subtract the present worth from the amount and the remainder will be the true discount....




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