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" 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. "
The Youth's Assistant in Theoretick and Practical Arithmetic - Σελίδα 104
των Zadock Thompson - 1826 - 164 σελίδες
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Adams's Improved Arithmetic: Arithmetic, in which are Combined the Analytic ...

Daniel Adams - 1861 - 452 σελίδες
...Hence, To find the mean time of several, payments, — RULE. Multiply each sum by its tune of payment, and divide the sum of the products by the sum of the payments ; the quotient will be the equated tune. EXAMPLES. 2. A Western merchant owes in New York...

Introduction to the National Arithmetic, on the Inductive System: Combining ...

Benjamin Greenleaf - 1861 - 338 σελίδες
...payment of the whole. Hence the following RULE. — Multiply each payment by its own time of credit. and divide the sum of the products by the sum of the payments. NOTE 1. — This is the rule usually adopted by merchants, but it is not perfectly correct...

Practical Arithmetic: Embracing the Science and Applications of Numbers

Charles Davies - 1863 - 346 σελίδες
...int. of $12 " " J_X 12 = 12. $6 $48 6 6)48. Rule. Multiply each payment by the time before it becomes due, and divide the sum of the products by the sum of the payments: the quotient will be the mean time. Examples. 2. A owes B $600 ; one-third is to be paid...

Arithmetic, designed for the use of schools

John William Colenso (bp. of Natal.) - 1864 - 238 σελίδες
...the following Ordinary Rule. Multiply the several debts by their times in any uniform denomination, and divide the sum of the products by the sum of the debts. Thus, the above process is reduced to the following: — 651 x 5 = 3255 434x8 = 3472 10S5 )6727...

The Normal Written Arithmetic: By Analysis and Synthesis, Designed for ...

Edward Brooks - 1863 - 350 σελίδες
...credit of jJ-3 of 1500 months, which is 3J months. Hence RULE. — Multiply each payment ly its time, and divide the sum of the products by the sum of the payments, the quotient will lie, the average term of credit. 2. A owes B §6000, J due in 3mo., | in...

Arithmetical Examples for Military and Civil Service Students; Being a ...

William Alfred Browne - 1863 - 486 σελίδες
...different periods is called the equated time of payment. RULE. Multiply each debt by its specified time, and divide the sum of the products by the sum of the debts ; and the resulting quotient will be the required equated time. Example 1. If £200 be due at...

Practical Arithmetic: Embracing the Science and Applications of Numbers

Charles Davies - 1866 - 356 σελίδες
...$12 " " J_x 12 = 12.' $6 $48 6 6)48. Rule. Multiply each payment by the lime before it becomes dut and divide the sum of the products by the sum of the payments: the quotient will be the mean time. Examples. 1. A merchant owes $600, to be paid in 12 months...

Modern arithmetic. [With] Key, Βιβλίο 1

John Hunter (of Uxbridge.) - 1866 - 266 σελίδες
...founded on mercantile discount, and is as follows : — RULE. — Multiply each payment by its time, and divide the sum of the products by the sum of the payments ; observing to use all the times, as well as the payments, in a uniform denomination. Ex....

The Foreign and Domestic Commercial Calculator; Or, A Complete Library of ...

Ezra S. Winslow - 1867 - 232 σελίδες
...ingredients, the quantity and price of each being given. RULE. — Multiply each quantity by its price, and divide the sum of the products by the sum of the quantities; the quotient will be the price per unity of measure of the mixture; and, having found the...

The Bryant and Stratton Business Arithmetic: A New Work, with Practical ...

Henry Beadman Bryant, Emerson Elbridge White, Corydon Giles Stowell - 1872 - 576 σελίδες
...mos., making it equitable for both. 676. RULE. Multiply each payment or debt by its time of credit, and divide the sum of the PRODUCTS by the sum of the PAYMENTS. NOTES. — 1. By the term discount, as used above, is meant mercantile discount or simple...




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