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" RULE. Divide the given amount by the amount of $1 for the given time and rate, and the quotient will be the principal required. "
The Youth's Assistant in Theoretic and Practical Arithmetic: Designed for ... - Σελίδα 62
των Zadock Thompson - 1832 - 168 σελίδες
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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
...$3134.24 as the 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 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....

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...

New Commercial Arithmetic

John Henry Moore - 1904 - 404 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 - 222 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 - 384 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 - 384 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 - 428 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 - 268 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....




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