 | James Stewart Eaton - Arithmetic - 1861 - 376 pages
...amounts to $1.10 ; .-. , the prin cipal must be the quotient of $110 -:- 1.10 = $100. Hence, RTTLE. — Divide the given amount by the amount of $1 for the given rate and time. 22. What principal, at 6 per cent., will amount to $360.o85 in 16 months? Ans. $333.875.... | |
 | James Stewart Eaton - 1862 - 320 pages
...per cent, amounts to $1.10 ; .-. the principal must be the quotient of $110 -7- 1.10 = $100. Hence, RULE. Divide the given amount by the amount of $1 for the given rate and time, and the quotient will be the principal. 2. What principal, at 6 per cent., will amount... | |
 | James Stewart Eaton - Arithmetic - 1864 - 322 pages
...per cent., amounts to $1.10 ; .-. the principal must be the quotient of $110 -s- 1.10 = $100. Hence, RULE. Divide the given amount by the amount of $1 for the given rate and time, and the quotient will be the principal. 2. What principal, at 6 per cent., will amount... | |
 | John Fair Stoddard - Arithmetic - 1868 - 428 pages
...the amount. Hence, the Rule given under Problem 5 (271) is the Ride to find the Present Worth. — Divide the given amount by the amount of $1 for the given time and rate %. Rule to find the Discount. — Subtract the present worth from the amount due at tlie expiration... | |
 | John Fair Stoddard - Arithmetic - 1888 - 480 pages
...the principal. Hence, the Rule given under Problem 5 (271) is the Rule to find the Present Worth. — Divide the given amount by the amount of $1 for the given time and rate £. Half to find the. Discount. — Subtract the present worth from tliu amount due at the expiration... | |
 | John Groesbeck - Arithmetic - 1868 - 350 pages
...$3000. What is the annuity? Ans. $388.513. 387. To find an annuity from its amount. RULE.—Divide the given amount by the amount of $1 for the given time and rate. EXAMPLE.—The final value of an annuity for 11 years, at 7 per cent. compound interest, amounts to... | |
 | John Groesbeck - Arithmetic - 1868 - 358 pages
...$3000. What is the annuity? Ans. $388.513. 387.- To find an annuity from its amount. RULE.—Divide the given amount by the amount of $1 for the given time and rate. EXAMPLE.—The final value of an annuity for 11 years, at 7 per cent. compound interest, amounts to... | |
 | Horatio Nelson Robinson - Arithmetic - 1868 - 468 pages
...contained times in $136.535. Dividing, we obtain $116.20, the required principal. Hence the 28 Hi/us. Divide the given amount by the amount of $1 for the, given time at the yiven rate. EXAMPLES FOR PRACTICE. 1. What principal in 2 yr. 3 mo. 10 da., at 5 per cent.,... | |
 | John Groesbeck - Business mathematics - 1869 - 372 pages
...compound interest, is $3000. What is the annuity? Ans. $388.513. 387. To find an annuity from its amount. RULE. — Divide the given amount by the amount of $1 for the given time and rate. EXAMPLE. — The final value of an annuity for 11 years, at 7 per cent. compound interest, amounts... | |
 | Horatio Nelson Robinson, Daniel W. Fish - Arithmetic - 1858 - 378 pages
...$1.175 is contained times in $88.125 ; dividing, we obtain $75, the required principal. Hence the ROLE. Divide the given amount by the amount of $1 for the...rate, and the quotient will be the principal required. EXAMPLES FOR PRACTICE. 2. What principal, at 6 per cent., will amount to $655.20 in 8 months ? Ans.... | |
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RULE. Divide the given amount by the amount of $1 for the given time and rate, and the quotient will be the principal required. 
