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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
Πλήρης προβολή - Σχετικά με αυτό το βιβλίο

New Commercial Arithmetic

John Henry Moore - 1904 - 392 σελίδες
...the following rule may be derived : Divide the amount of the debt at maturity by the amount of $ 1 for the given time and rate and the quotient will be the present worth. Subtract the j,resent worth from the, amount of the debt and the remainder will be the....

The Foundations of Higher Arithmetic

Benjamin Franklin Sisk - 1905 - 203 σελίδες
...in years, and the result will be the simple interest. 2. To find the present worth: Divide the debt by the amount of $1 for the given time and rate, and the quotient will be the present worth. 3. To find the true discount: Subtract the present worth from the debt, and the remainder...

The New Business Arithmetic: A Treatise on Commercial Calculations

Orville Marcellus Powers - 1906 - 374 σελίδες
...solution and explanation we have the following : To Find the True Discount a. Divide the face of the debt by the amount of $1 for the given time and rate, and the result will be the present worth. b. Subtract the present worth from the face of the debt and the difference...

The New Business Arithmetic: A Treatise on Commercial Calculations

Orville Marcellus Powers - 1906 - 374 σελίδες
...solution and explanation we have the following : To Find the True Discount a. Divide the face of the debt by the amount of $1 for the given time and rate, and the result will be the present worth. b. Subtract the present worth from the face of the debt and the difference...

New Commercial Arithmetic

John Henry Moore - 1907 - 416 σελίδες
...true discount. 666. Hence the following rule may be derived: Divide the amount of the debt at maturity "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 amount of the debt and the remainder will be the...

Sweet's Modern Business Arithmetic: A Treatise on Modern and Practical ...

James S. Sweet - 1907 - 260 σελίδες
...$18680 earn $700.50 interest at CASE V 726. Given, the Amount, Rate, and Time to find the Principal. Divide the given Amount by the amount of $1 for the given Time and Rate. FORMULA : Amt. -H $1 + (Rate X Time) = Prin. EXAMPLE : What principal will amount to $430.50 in 5 mo....

Preston-Stevens Standard Arithmetic, Βιβλίο 2

DeForest A. Preston, Edward Lawrence Stevens - 1910 - 351 σελίδες
...worth. $600 - $585.37= $14.63, true discount. PRINCIPLE. To find the present worth by true discount, divide the given amount by the amount of $1 for the given time and rate. 2. Find the bank discount and the proceeds for $600 due in 5 mo., discount at 6 %. (Compare this answer...

The New Standard American Business Guide: A Complete Compendium of how to Do ...

Edward Thomas Roe - 1911 - 480 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....

For grades VII-VIII

Fletcher Durell, Elizabeth Hall - 1912
...(time X rate). Or p= r X t Note that if the amount is given instead of the interest, it is necessary to divide the given amount by the amount of $1 for the given time and rate. INTEREST 195 Ex. 2. What principal will amount to $263.50 in 4 years at 6%? Amount of $1 at 6% in 4...

The New Business Arithmetic: A Treatise on Commercial Calculations

James A. Lyons - 1912 - 374 σελίδες
...solution and explanation we have the following: To Find the True Discount a. Divide the face of the debt by the amount of $1 for the given time and rate, and the result will be the present worth. b. Subtract the present worth from the face of the debt and the difference...




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