 | James Bates Thomson - 1858 - 400 σελίδες
...years, at 6 per cent. ? 17. What is the interest of $650 for 30 years, at 7 per cent.? DISCOUNT. 259. DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a sum or debt, payable at a future time without interest, is the sum, which, if put at legal interest... | |
 | Dana Pond Colburn - 1858 - 288 σελίδες
...3Tsff per cent? 10. $363.48 in 1 yr. 4 mo. 20 da. at 6 per cent? 122* Discount and Present Worth. (a.) Discount is an allowance made for the payment of money before it is due. (b.) The PRESENT WORTH of a debt due at a future time is the sum which it is supposed to be worth now.... | |
 | Benjamin Greenleaf - 1858 - 332 σελίδες
...added daily? Ans. $100.10,004. § XXIII. DISCOUNT. ART. 210. DISCOUNT is an allowance or deduction made for the payment of money before it is due. The present worth of any sum is the principal, which, being put at interest, will amount to the given sum in the time for... | |
 | Horatio Nelson Robinson - 1859 - 208 σελίδες
...at interest at the given rate per cent. until it becomes due, will amount to the face of the note. Discount is an allowance made for the payment of money before it becomes due, and is obtained by subtracting the present worth from the given sum or face of the note.... | |
 | James Bates Thomson - 1860 - 402 σελίδες
...per cent. ? 17. What is the interest of $650 for 80 years, at 7 per cent.? DISCOUNT. 259« DISCOTTNT is an allowance made for the payment of money before it is due. The present worth of a sum or debt, payable at a future time without interest, is the sum, which, if put at legal interest... | |
 | John Fair Stoddard - 1860 - 180 σελίδες
...cent., amount to $87 ? 10. What principal will, in 8f years, at 6 per cent., amount to $76 ? UEMARK. — The present worth of a debt payable at some future time, without interest, is such a sum, as will, in the given tiue, and at the given rate per cent., amount to the debt. Hence, the present... | |
 | Edward Liddell (writer on arithmetic.) - 1860 - 160 σελίδες
...so that in case of loss both the value of the goods and the premium may be recovered ? DISCOUNT. 79. Discount is an allowance made for the payment of money before it is due. The following is one of the most frequent eases in which discount occurs :— A buys £100 worth of goods... | |
 | James Bates Thomson - 1860 - 440 σελίδες
...justice requires that he should make some abatement from it. This abatement is called Discount. 429. The present worth of a debt payable at some future time without interest, is that sum which, being put at legal interest, will amount to the debt, at the time it becomes due. Ex.... | |
 | Horatio Nelson Robinson - 1860 - 190 σελίδες
...at interest at the given rate per cent. until it becomes due, will amount to the face of the note. Discount is an allowance made for the payment of money before it becomes due, and is obtained by subtracting the present worth from the given sum or face of the note.... | |
 | Robert Johnston (F.R.G.S.) - 1860 - 188 σελίδες
...£970 ; what is each person-s share ? Ans. John, 'ei50 ; Henry, £270 ; Peter, £550. DISCOUNT. 181. DISCOUNT is an allowance made for the payment of money before it becomes due. If I owe my friend '£105, which I am to pay him at the end of a year ; he cannot expect... | |
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DISCOUNT is an allowance made for the payment of money before it is due. The present worth of a... 
