 | Oscar F. Williams - Arithmetic - 1894 - 364 pages
...or $103.68. Rule.—Divide the amount of the debt, at its maturity, by one dollar plus its interest for the given time and rate, and the quotient will be the present worth; subtract the present worth from the amount, and the remainder will be the true discount.... | |
 | Warren H. Sadler - Business mathematics - 1901 - 424 pages
...$3134.24 as the 124 da. =$3134.24. [ given amount ($3134.34) is times the amount of $1 ($1.031), or $3040. Rule. — Divide the given amount by the amount of $1 for the given time and at the given rate. NOTE. — To obtain the amount of $1, find the interest of $1 by Note, 327 ; and... | |
 | Business - 1902 - 272 pages
...$863.93, or $90.72. Rule. Divide the amount of the debt at its maturity by one dollar plus its interest for the given time and rate and the quotient will be the present worth. Subtract the present worth from the amount and the remainder will be the true discount.... | |
 | Alvord D. Robinson - Arithmetic - 1902 - 572 pages
...Am't of $1 for the term. 1.0633h319.00 3V 3 3.19ЭД ) 957.00 ($300 Principal. 957 RULE: Divide the amount by the amount of $1 for the given time and rate. III. To find the Time, when Principal, Interest, and Rate are given. PROBLEM : How long will it take... | |
 | John Henry Moore - Business mathematics - 1904 - 404 pages
...the following rule may be derived : Divide the amount of the debt at maturity by the amount of $ 1 for the given time and rate and the quotient will be the present worth. Subtract the j,resent worth from the, amount of the debt and the remainder will be the.... | |
 | Benjamin Franklin Sisk - Arithmetic - 1905 - 222 pages
...in years, and the result will be the simple interest. 2. To find the present worth: Divide the debt by the amount of $1 for the given time and rate, and the quotient will be the present worth. 3. To find the true discount: Subtract the present worth from the debt, and the remainder... | |
 | Orville Marcellus Powers - Business mathematics - 1906 - 384 pages
...solution and explanation we have the following : To Find the True Discount a. Divide the face of the debt by the amount of $1 for the given time and rate, and the result will be the present worth. b. Subtract the present worth from the face of the debt and the difference... | |
 | Orville Marcellus Powers - Business mathematics - 1906 - 384 pages
...solution and explanation we have the following : To Find the True Discount a. Divide the face of the debt by the amount of $1 for the given time and rate, and the result will be the present worth. b. Subtract the present worth from the face of the debt and the difference... | |
 | John Henry Moore - Business mathematics - 1907 - 428 pages
...true discount. 666. Hence the following rule may be derived: Divide the amount of the debt at maturity "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 amount of the debt and the remainder will be the... | |
 | James S. Sweet - Business mathematics - 1907 - 268 pages
...$18680 earn $700.50 interest at CASE V 726. Given, the Amount, Rate, and Time to find the Principal. Divide the given Amount by the amount of $1 for the given Time and Rate. FORMULA : Amt. -H $1 + (Rate X Time) = Prin. EXAMPLE : What principal will amount to $430.50 in 5 mo.... | |
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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. 
