 | Leonard Pierce - Arithmetic - 1823 - 170 pages
...IX. .* & DISCOUNT AND EQUATION OF PAYMENTS. . ' t Tut. What is discount ? Pup. Discount, I believe, is an allowance made for the payment of a debt before it becomes due. 1 Tut. Discount is *n allowance made by the creditor to the debtor, for the payment of... | |
 | Francis Henney Smith - Arithmetic - 1845 - 710 pages
...commission on the sale of 100 bales of cotton, valued at $50 per bale, at 4 per cent. 1 Ans. DISCOUNT. 210* DISCOUNT is an allowance made for the payment of a debt before it becomes due, at a certain rate per cent, for the time allowed. It is evident, that if we ascertain... | |
 | Francis Henney Smith - Arithmetic - 1845 - 300 pages
...commission on the sale of 100 bales of cotton, valued at $50 per bale, at 4 per cent. ? Ans. DISCOUNT. 210* DISCOUNT is an allowance made for the payment of a debt before it becomes due, at a certain rate per cent. for the time allowed. It is evident, that if we ascertain... | |
 | Horatio Nelson Robinson - Arithmetic - 1859 - 348 pages
...amount of $.10 for 20 years, at 7 per cent.? Ans. $.38696. DISCOUNT. 313. Discount is an abatement or allowance made for the payment of a debt before it is due. 313. The Present Worth of a debt, payable at a future time without interest, is such a sum as, being... | |
 | James Stewart Eaton - 1862 - 320 pages
...interest for 30 years, at 6 per cent, per annum ? DISCOUNT. 25~. DISCOUNT is an abatement or deduction made for the payment of a debt before it is due. The PRESENT WORTH of a debt, payable at a future time without interest, is, evidently, a sum which, put at legal interest, will... | |
 | Henry Beadman Bryant - Bookkeeping - 1863 - 390 pages
...deduct ¿; if 7 per cent., add j; if 8 per cent, *JJ j. or J ; if 9 per cent., add i . etc. DISCOUNT DISCOUNT Is an allowance made for the payment of a debt before it i» due. The prêtent vorth of ench • debt is that sum which being put oí interest for the given... | |
 | James Stewart Eaton - Arithmetic - 1864 - 322 pages
...interest for 30 years, at 6 per cent, per annum ? DISCOUNT. 252. DISCOUNT is an abatement or deduction made for the. payment of a debt before it is due. The PRESENT WORTH of a debt, payable at a future time without interest, is, evidently, a sum which, put at legal interest, will... | |
 | Henry Beadman Bryant - 1864 - 230 pages
...deduct £ ; if 7 per cent., add j ; if 8 per cent., edd j, or i ; if 9 per cent., add i, etc. DISCOUNT DISCOUNT is an allowance made for the payment of a debt before it is due. The praent worth of such a debt is that sum which being put at interest for the given time, would at the... | |
 | Stoddard A. Felter - Arithmetic - 1864 - 412 pages
...for 4 years 8 months and 28 days, payable quarterly? « LESSON LXXXI. 259, Discount is a deduction or allowance made for the payment of a debt before it is due. Its symbol is D. 260. The Present Worth of a sum due at a future time without interest, is such a sum... | |
 | James Stewart Eaton - Arithmetic - 1868 - 356 pages
...years, at 6 per cent, per annum ? DISCOUNT. 252. DISCOUNT is an abatement or deduction made for tha payment of a debt before it is due. The PRESENT WORTH of a debt, payable at a future time without interest, is, evidently, a sum which, put at legal interest, will... | |
| |
DISCOUNT is an abatement or deduction made for the. payment of a debt before it is due. The PRESENT WORTH of a debt, payable at a future time without interest, is... 
