 | Nicolas Pike, Dudley Leavitt - 1826 - 222 σελίδες
...tare, and 7 pounds per hogshead for draft or scalage, at 03 cents per pound ? Ans. $11 50.38. DISCOUNT. DISCOUNT is an allowance made for the payment of any sum of money before it becomes due ; or it is the difference between any sum due at some future time, and its present worth. The present... | |
 | Martin Ruter - 1828 - 180 σελίδες
...amounting to $4820 at 4J per cent.? Ans. $216,9O. DISCOUNT. Discount is an allowance made for th« payment of any sum of money before it becomes due, and is the difference between that stim, due some time hence, and its present worth. RULE. As the amount of $100 at the given rate and... | |
 | Daniel Adams - 1828 - 286 σελίδες
...amount to $ 397'50. The question, therefore, does not differ from the preceding. Ans. $ 375. Note. An allowance made for the payment of any sum of money before it becomes due, as in the, last example, is called Discount. The sum which, put at interest, would, in the time and... | |
 | William Slocomb - 1828 - 160 σελίδες
...Money changed to Pennsylvania, &c, currency? DISCOUNT. a DISCOUNT Is an allowance made for the payment of money before it becomes due, and is the difference between that sum and its present worth. RULE. b As the amount of 100 dollars, for the given rate and time, Is to 100... | |
 | William Kinne - 1829 - 246 σελίδες
...cent. 1 100 Policy. Deduct 10 Premium. 90 Sum covered. 1f 890 : $100 : : $1800 : $2000 Ans,, DISCOUNT. DISCOUNT is an allowance made for the payment of any...and its present worth. The present worth of any sum, due some time hence, is such a sum, as, if put to interest, would in that time, and at the rate per... | |
 | Nathan Daboll - 1829 - 252 σελίδες
...compound interest of 876 dois. 90 cents for 3! years, at 6 per cent, per annum ? Ля», £193, 83 rfe. + DISCOUNT, IS an allowance made for the payment of any sum of money before it becomes due ; or upon advancing ready money for notes, bills, &-e. which are payable at a future day. What remains... | |
 | William Kinne - 1831 - 248 σελίδες
...cent. 1 100 Policy. Deduct 10 Premium. 90 Sum covered. If $90 : $100 : : $1800 : $2000 Ans. DISCOUNT. DISCOUNT is an allowance made for the payment of any...and its present worth. The present worth of any sum, due some time hence, is such a sum, as, if put to interest, would in that time, and at the race per... | |
 | Ira Wanzer - 1831 - 408 σελίδες
...per annum, compound interest. Aus. L79.21189=79Z. 4s. 10d.+ REBATE OR DI8COUNT, BY SIMPLE INTEREST. Discount is an allowance made for the payment of any...before it becomes due, and is the difference between lhat sum, due some time hence, and its present worth. The present worth of any sum or debt, due some... | |
 | Nathan Daboll - 1831 - 246 σελίδες
...the compound interest of 876 dels. 90 cents for 8J years, at 6 per cent, per annum 1 DISCOUNT, IS au allowance made for the payment of any sum of money before it becomes due ; or upon advancing ready money for notes, bills, &c. which are payable at a future day. What remains... | |
 | Thomas Conkling (W.) - 1831 - 302 σελίδες
...compound interest? Ans. 284D.68cls. 8rr REBATE OR DISCOUNT. REBATE, OR Discoc.vr, is a deduction or an allowance, made for the payment of any sum of money before it is due; or, it is. a deduction made upon advancing the ready money for notes, bills, S:c. which are... | |
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The present worth of any sum, due some time hence, is such a sum, as, if put to interest, would in that time, and at the rate per cent. for which the discount is to be made, amount to the sum or debt then due. 
