 | Osman Call - 1842 - 210 σελίδες
...correct. XIX. Discount and Present Worth. Discount is an allowance made for the payment of any Bum of money before it becomes due, and is the difference...and its present worth. The present worth of any sum due some time hence, is such a sum as, when put at interest, would, in that time, and at the given... | |
 | Charles Bathurst (schoolmaster.) - 1842 - 158 σελίδες
...dividend payable thereon? DISCOUNT. DISCOUNT is an allowance of so much per cent., previously agreed upon, made for the payment of any sum of money before it becomes due ; or an allowance made by the creditor to the debtor, when he pays cash instead of taking the usual... | |
 | 1843 - 142 σελίδες
...what will 1 hhd. weigh ? 10. What is the interest of £756^ for 7| years at 4| per cent. ? DISCOUNT. Discount is an allowance made for the payment of any sum of money before it becomes due. HULK. First find the interest of £100 for the time before the money becomes due, and add it to 100... | |
 | Nathan Daboll - 1843 - 254 σελίδες
...you calculate interest for What is the Rule for Compound Intermonths and days, at 6 per cent ? of t ? DISCOUNT Is an allowance made for the payment of any sum of money before it becomes due. After the discount is deducted, the remainder is the present worth ; or, such a sum as, if put at interest,... | |
 | Charles WATERHOUSE - 1844 - 228 σελίδες
...solar system, however incredible it may appear. DISCOUNT. It is an allowance made for the payment of a sum of money before it becomes due, and is the difference between that sura due some time hence, and its present worth. Or, it is an allowance for advancing money on notes,... | |
 | Charles Waterhouse - 1844 - 232 σελίδες
...solar system, however incredible it may appear. DISCOUNT. It is an allowance made for the payment of a sum of money before it becomes due, and is the difference...that sum due some time hence, and its present worth. Or, it is an allowance for advancing money on notes, bills, &c., payable at a future day. The present... | |
 | William Lane (of Worthing.) - 1845 - 138 σελίδες
...the difference on ¿61500 3 per cent. consols, bought at 64J, and sold at 65| per cent. ? DISCOUNT. Discount is an allowance made for the payment of any sum of money before it becomes due, according to a certain rate per cent. The present worth of any sum or debt, due some time hence, is... | |
 | Esek Cowen - 1845 - 872 σελίδες
...was defined by Pike and Daboll, in their Treatises on Arithmetic, and as the witness understood it. 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, &c., which are payable at a future day. What remains... | |
 | Almon Ticknor - 1846 - 274 σελίδες
...many dollars? Ans. D121.87.5 6. How much United States money in 500 francs ? Ans. D94.00 DISCOUNT. DISCOUNT is an allowance made for the payment of any...present worth. The present worth of any sum or debt not yet due, is so much as would, if put to interest, produce a sum equal to the discount ; or the... | |
 | 1846 - 258 σελίδες
....ut for, to cover 1800 dollars when the premium is lOper cent.? Ans. 82000 DISCOUN 1 DEFINITION. — Discount is (') an allowance made for the payment...becomes due, and is the difference between that sum, due sometime hence, and its present worth. The present worth of any sum or debt due some time hence, is... | |
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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. 
