 | Edward Brooks - 1874 - 352 σελίδες
...becomes due, and multiply each debt by the time in which it becomes due after the date selected. II. Divide the sum of the products by the sum of the debts, and the quotient will be the average term of credit, estimated from the date selected. 2. Mr. Johnson... | |
 | Horatio Nelson Robinson - 1875 - 468 σελίδες
...of 6 months on $45, because 45 X 6 = 270 X 1. Hence the following RULE. 1. Multiply each payment liy -its term, of credit, and divide the sum of the products by the sum of the payments , the quotient will be the average term of credit. II. Add the average term of... | |
 | William James Milne - 1877 - 418 σελίδες
...or $1100 for T-jfo part of 2200 mo., which is 2 months, the average term of credit. RULE.—Multiply each debt by its term of credit, and divide the sum...debts. The quotient will be the average term of credit. 2. HB Claflin & Co. sold a bill of goods amounting to $2300, on the following terms: $300 cash, $1200... | |
 | William James Milne - 1877 - 402 σελίδες
...the average term of credit. RULE. — Multiply each debt by its term of credit, and divide Oie sum of the products by the sum of the debts. The quotient will be the average term of credit. 2. HB Claflin & Co. sold a bill of goods amounting to $2300, on the following terms: $300 cash, $1200... | |
 | Edward Brooks - 1877 - 528 σελίδες
...have a credit of T5Vj of 8000 months, which is 5J months. Hence the Rule. — Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient will be the average term of credit. NOTES. — 1. If there are cents... | |
 | Edward Brooks - 1877 - 232 σελίδες
...credit on 4(JO )1600(3i mo. $1, for 1500 months; if $1 has a credit 1500 Rule. — Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient will be the average term of credit. NOTES. — 1. If there are cents... | |
 | Edward Brooks - 1877 - 444 σελίδες
...have a credit of ?i5 of 1500 months, which is 3j months. Hence the Rule. — Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments; the quotient will be the average term of credit. NOTES. — 1. If there are cents... | |
 | Millard R. Powers - 1877 - 166 σελίδες
...$900 for five times as long, or 5 months. Hence the Product Method. RULE. Multiply each item or ilebt by its term of credit, and divide the sum of the products by the sum of the items; the quotient will be til* average term of credit. "When the term of a note or bill... | |
 | Edward Brooks - 1877 - 438 σελίδες
...have a credit of jj^ of 1500 months, which is 3} months. Hence the Rule. — Multiply each payment by its term of credit, and divide the sum of the products by the sum cf the payments , the quotient will be the average term of or edit. NOTES. — 1. If there are... | |
 | Samuel Mecutchen, George Mornton Sayre - 1877 - 200 σελίδες
...be paid in 3j| months, without loss to either party. RULE. Multiply each debt by the number denoting its term of credit, and divide the sum of the products by the number denoting the sum of the debts; the quotient will be the average term of credit. The average... | |
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RULE. — Multiply each debt by its term of credit, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. 
