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" Discdunt is an allowance made for the payment of a sum of money before it becomes due, according to a certain rate per cent, agreed on between the parties concerned. The present worth of any... "
The Teacher's Assistant: Or, A System of Practical Arithmetic: Wherein the ... - Page 110
1831 - 198 pages
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The Teachers Assistant. Or, A System of Practical Arithmetic: Wherein the ...

Arithmetic - 1811 - 210 pages
...Interest 3d year 551 5 27 11 3 Amount 3d year Principal 578 16 s 500 112 t ' . DISCOUNT. i Discount is an allowance made for the payment of a sum' of...cent, agreed on between the parties concerned. The firesent worth of any sum, or debt, due some time jjence, is such a sum as, if put to interest, for...
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The Scholar's Arithmetic: Designed for the Use of Schools in the United States

Jacob Willetts - Arithmetic - 1822 - 200 pages
...? Ans. £504 19s. 9^d.+ DISCOUNT. Discount is an allowance made for the payment of a sum c^f monev before it becomes due, according to a certain rate...between the parties concerned. The Present Worth of any sum, or debt, due some time hence, is iw.ha sum, as, if put to interest, for that time, at a certain...
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The Teachers' Assistant: Or a System of Practical Arithmetic

Stephen Pike - Arithmetic - 1824 - 212 pages
...will 400L. amount to in 4 years, at 6 per cent. per annum ? Ans. 504L. 19s. 9id. DISCOUNT. Discount is an allowance made for the payment of a sum of money...concerned. The present worth of any debt, not yet due, is se much money as, being put to interest, at a given rate per cent. till the debt become payable, will...
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Practical and Mental Arithmetic on a New Plan: In which Mental Arithmetic is ...

Roswell Chamberlain Smith - Arithmetic - 1829 - 284 pages
...Amount to $1272. Тhis question, thereturo, is solved in the same гmюnсr as the preceding. Q. IPhat is an allowance, made for the payment of a sum of •money before it becomes due, cuUed ? A. Discount. Q, What is tkt sum failed, which, put at interest, would, in the given íímc...
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Practical and Mental Arithmetic: On a New Plan, in which Mental Arithmetic ...

Roswell Chamberlain Smith - Arithmetic - 1830 - 286 pages
...«mount to $1272. This question, therefore, is ¡mived in the sаmе manner u (ho preceding. Q. What is an allowance made for the payment of a sum of money before it becomes due called ? A. Discount. Q. What is the sum called, which, put at interest, would, in the given time and...
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The Arithmetical Manual

Samuel Read Hall - Arithmetic - 1832 - 294 pages
...interest, and needs no farther illustration. DISCOUNT. Discount is an allowance made for the payment of any sum of money before it becomes due, according to a...per cent. agreed on between the parties concerned. If I am to pay A 100 dollars in one year, it is plain that I ought not to pay so much, if it is paid...
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Practical and Mental Arithmetic on a New Plan: In which Mental Arithmetic is ...

Roswell Chamberlain Smith - Accounting - 1832 - 296 pages
...solved in the sa-tie manner u tho preceding $1272 -ь $1 ,06 — 1200, the Апз. <2- JVhat is ал allowance made for the payment of a sum of money before it becomes due called ? A. Discount. 'ф. What is the sum called, which, put at interest, would, in the given time...
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The Teachers' Assistant: Or a System of Practical Arithmetic

Stephen Pike - Arithmetic - 1835 - 210 pages
...much will 400L. amount to in 4 years, at 6 per cent. per annum? Ans. 504L. 19s. DISCOUNT. Discount is an allowance made for the payment of a sum of money before it becomes due, according to a certain rait,1 per cent. agreed on between the parties concerned. The present worth of any debt, not yet due,...
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The New System of Practical Arithmetic: Whereby Most of the Various Problems ...

Charles Potts - Arithmetic - 1835 - 202 pages
...half year. DISCOUNT. DISCOUNT is an allowance made for the payment of money before it becomes due. The present worth of any debt not yet due, is so much money as, being put to interest till the debt becomes due, at a given rate per cent., will amount to a sum equal to the debt. The present...
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The Common School Arithmetic ...: To which is Added a Dictionary of ...

Peirpont Edward Bates Botham - Arithmetic - 1837 - 252 pages
...stock at 94 per cent 2 Ans. $3796 : 66 DISCOUNT. Discount is an allowance made for the payment of any sum of money, before it becomes due, according to a certain rate per sent agreed on between the parties concerned. ECLE : — Find the. amount of $1 for the given rate...
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