| Horatio Nelson Robinson - 1875 - 486 σελίδες
...$87.42. Dividing, we obtain $364.25, the required principal. Hence the RULE. Divide the given interest ly the interest of $1 for the given time at the given rate. EXAMPLES FOR PRACTICE. 1. What sum of money, invested at 6J per cent., will produce $279.825 in 1 yr. 6 mo.? Ans. $2870. 2.... | |
| Horatio Nelson Robinson - 1875 - 468 σελίδες
...Dividing, we obtain $364.25, the required principal. Hence the RULE. Divide the given interest liy the interest of $1 for the given time at the given rate. EXAMPLES FOR PRACTICE. 1. What sum of money, invested at 6J per cent., will produce $279.825 in 1 yr. 6 mo.? Ans. $2870. 2.... | |
| Henry Bartlett Maglathlin - 1875 - 346 σελίδες
...$.16 is contained times in $153.68, or 960.50. Therefore, etc. RULE. Divide the given interest by th« interest of $1 for the given time, at the given rate. Examples. What principal will gain 2. $63, in 1 year and 6 months, at 6 % ? Ans. $700. Explain the operation.... | |
| Milton Browning Goff - 1876 - 462 σελίδες
...principal, the 6$ x 3t ~ $OUU. entire principal must be 5 times $100, ' S or $500. 357. RULES — I. Divide the given interest by the interest of $1 for the given time at the given rate ; the quotient is the principal. ( — = B\ II. Take such a part of the given interest, as 100% is... | |
| Daniel W. Fish - 1876 - 296 σελίδες
...$49.50 in 1 yr. 3 mo. at 6%? At 5% ? 3. Will gain $153.75 in 3 mo. 24 da. at 1% ? At 8%? RULE.—Divide the given interest by the interest of $1 for the given time, at the given rate. •' FORMULA.—Principal = Interest -f- (Rate x Time). What sum of money 4. Will gain $213 in 5 yr.... | |
| William James Milne - 1877 - 402 σελίδες
...6fc, what sum will produce $12 yearly? What $18 yearly? What $12 in two years? What $18 in 2 years ? RULE. — Divide the given interest by the interest of $1, for the given time at the given rate. What sum of money will produce 3. $36.60 interest in 2 years at 6^ ? 4. $35.70 interest in 2 years... | |
| William James Milne - 1877 - 418 σελίδες
...will produce $12 yearly? What $18 yearly? What $12 in two years? What $18 in 2 years ? RULE.—Divide the given interest by the interest of $1, for the given time at the given rate. What sum of money will produce 3. $36.60 interest in 2 years at 6^ ? 4. $35.70 interest in 2 years... | |
| Edward Brooks - 1877 - 232 σελίδες
...as §.28 are contained times in — ~- =$540 $151.20, which is $540. Hence the following ••'° Rule. — Divide the given interest by the interest of $1 for the given rate and time ; or divide the amount by the amount o/$l. 2. What principal will in 3 yr. 8 mo., at... | |
| Edward Brooks - 1877 - 528 σελίδες
...many dollars as $0.21 is eontained times in $49/14, which are $234. Hence $4i).I4_ ^ the following .21 Rule. — Divide the given interest by the interest of $1 for the given rate and time ; or, divide the amount by the amount o/$l. 2. What principal will, in 7yr. 8 mo. 5 da.... | |
| Edward Brooks - 1877 - 444 σελίδες
...as $.28 are contained times in — ;r— =$540 $151.20, which is $540. Hence the following ••"> Rule. — Divide the given interest by the interest of $1 for the given rate and time ; or divide the amount by the amount o/$L 2. What principal will in Syr. 8 mo., at 6%,... | |
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