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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. "
The Youth's Assistant in Theoretic and Practical Arithmetic: Designed for ... - Page 62
by Zadock Thompson - 1832 - 168 pages
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Howard's Art of Computation and Golden Rule for Equation of Payments for ...

C. Frusher Howard - Ready-reckoners - 1879 - 134 pages
...worth of any sum, and the discount for any time at any rate per cent. RULE. — divide the given sum by the amount of $1 for the given time and rate, and the quotient will be the present worth, and the remainder will lie the discount. EXAMPLE 1. — Find the present worth of a...
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The Question Book: A General Review of Common School Studies ...

Asa Hollister Craig - Examinations - 1879 - 354 pages
...interest. 75. Divide the given interest by the interest on $1 for the given time at the given rate. 76. Divide the given amount by the amount of $1 for the given time at the given rate. 77. Divide the given interest by the interest on the principal at 1 per cent. for...
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Graded Problems in Arithmetic and Mensuration

Samuel Mecutchen - Arithmetic - 1880 - 262 pages
...amount, the time and the rate being given. Divide the given present worth by the present worth of $1, or the given amount by the amount of $1 for the given time and rate, and the quotient will be the required annuity. To find the value of an annuity in reversion. Find the present worth of an annuity...
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Graded Problems in Arithmetic and Mensuration

Samuel Mecutchen - Arithmetic - 1880 - 270 pages
...amount, the time and the rate being given. Divide the given present worth by the present worth of $1, or the given amount by the amount of $1 for the given time and rate, and the quotient will be the required annuity. To find the value of an annuity in reversion. Find the present worth of an annuity...
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The Progressive Higher Arithmetic: For Schools, Academies, and Mercantile ...

Horatio Nelson Robinson - 1875 - 472 pages
...contained times in $136.535 Dividing, we obtain $116.20, the required principal. Hence the 28 Rtrt,E. Divide the given amount by the amount of $1 for the given time at the given rate. EXAMPLES FOR PRACTICE. 1. What principal in 2 yr. 3 mo. 10 da., at 5 per cent.,...
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The Complete Arithmetic: Oral and Written

Henry Bartlett Maglathlin, Benjamin Greenleaf - Arithmetic - 1831 - 386 pages
...? 292. Rule to find the Present Worth and True Discount. Divide the given debt by the amount of $ 1 for the given time and rate, and the quotient will be the present worth. Subtract the present worth from the debt, and the difference will be the true discount....
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Foundations of Success and Laws of Trade ...: A Complete Business Guide ...

Daniel R. Shafer - Business - 1881 - 728 pages
...at any rate per cent. The following rule is the best : divide the given sum by the amount of $1.00 for the given time and rate, and the quotient will be the present worth. From the given sum take the present worth, and the balance will be the discount. Example....
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The Packard Commercial Arithmetic

Silas Sadler Packard, Byron Horton - Business mathematics - 1882 - 324 pages
...be as many times $1 as $1.088£ 65j30_ are contained times in $1880.64, or $1728. 26120 26120 0 329. RULE. — Divide the given amount by the amount of $1 for the given time, at the given rate. EXAMPLES. 330. What principal will amount to 1. $1272.254, in 6 mo. 6 da., at 6%?...
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The Complete Arithmetic, Oral and Written, on the Basis of Works

Henry Bartlett Maglathlin - Arithmetic - 1882 - 398 pages
...? 292. Rule to find the Present Worth and True Discount. Divide the given debt by the amount of $ 1 for the given time and rate, and the quotient will be the present worth. Subtract the present worth from the debt, and the difference •will be the true discount....
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New Complete Arithmetic on the Inductive Method: With Parallel Mental and ...

James William Nicholson - Arithmetic - 1885 - 348 pages
...of finding the principal when the amount, time, and rate are given. RULE. — Divide the amount due by the amount of $1 for the given time and rate, and the quotient will be the present worth. EXERCISES (Oral and Written). 4O8. Find the present worth of : 1. $108 payable in 1...
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