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" DISCOUNT is an allowance made for the payment of, any sum of money before it becomes due ; and is the difference between that sum due some time hence, and its present worth. "
A Treatise on Commercial Correspondence, for the use of schools, etc - Page 125
by Benjamin BAYLY (of Spitalfields.) - 1862 - 172 pages
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A Short Practical Treatise of Arithmetic

R. Barnes - Arithmetic - 1793 - 162 pages
...Required the Purchafe ot 900l. South tica SIO>.K at bj ^ per Cent. 1 3 DISCOUNT. D'ISCOUNT or Rebate is an Allowance made for the Payment of any Sum of Money before it becomes due: and the prefent worth of any Sum or Debt, is fuchaSum as if put to Iinereft for the Time, and...
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Mathematics: Compiled from the Best Authors and Intended to be the ..., Volume 1

Mathematics - 1801 - 446 pages
...15s. 3. What is the insurance of 1200!. at 7^- per cent. ? , Ans. 91!. i os. DISCOUNT. DISCOUNT is an allowance made for the payment of, any sum of money before it becomes due ; and is the difference between that sum due some time hence, and its present worth. The The present...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - Algebra - 1808 - 470 pages
...principal at the time of the first payment, and from the sum deducting the payment, Sec. DISCOUNT IS an allowance made for the payment of any sum of money, before it becomes due, and is the difference between that sum, due some time hence, and its present worth. The present...
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The Federal Arithmetic; Or, A Compendium of the Most Useful Rules of that ...

James Noyes - Arithmetic - 1808 - 168 pages
...142^039 :1 year & 243 days int. 14,1 96 1Г96, May -10. -Due to JC 156^3« Discount. Discount is an allowance made for the payment of any sum of money before it becomes due, an* is the difference between that sum, due sometime hence, and its present worth. RULE. As the...
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A System of Arithmetic: Reprinted from the Mathematical Text-book

Samuel Webber - Arithmetic - 1812 - 260 pages
...15s,. S. What is the insurance of 12001. at 7{ per cent. ? Ans. 911. 10g. DISCOUNT. DISC0UNT is an allowance, made for the payment of any sum of money before it becomes due ; and is the difference between that sum, due sometime hence, and its present worth. The present...
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Daboll's Schoolmaster's Assistant: Improved and Enlarged, Being a Plain ...

Nathan Daboll - Arithmetic - 1815 - 250 pages
...compound interest of 876 dols. 90 cts.. for 3 A years, at 6 per c ent. per annum ? ' DISCOUNT, JS an allowance made for the payment of any sum of .. money before it becomes due ; or upon advancing ready money for notes, bills, &c. which are payable at a future day. What remains...
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The Complete Practical Arithmetician: Containing Several New and Useful ...

Thomas Keith - Arithmetic - 1822 - 354 pages
...purchase, and the quotient will give the rate per cent. DISCOUNT. Definition. Discount, or Rebate, is an allowance made for the payment; of any sum of money before it becomes due : and the present worth of any sum, or debt, is such a sum as, if put to interest for the time,...
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Pike's System of Arithmetic Abridged: To which are Added Appropriate ...

Nicolas Pike, Dudley Leavitt - Arithmetic - 1826 - 214 pages
...per hogshead tor draft or scalage, at -03 cents per pound ? Ans. $1150-38. DISCOUNT. DISCOUNT is an allowance made for the payment of any sum of money before it becomes due ; or it ic the difference between any sum due at some future time, and its present worth. The present...
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Pike's System of Arithmetic Abridged: To which are Added Appropriate ...

Nicolas Pike, Dudley Leavitt - Arithmetic - 1826 - 222 pages
...per hogshead for draft or scalage, at 03 cents per pound ? Ans. $11 50.38. DISCOUNT. DISCOUNT is an allowance made for the payment of any sum of money before it becomes due ; or it is the difference between any sum due at some future time, and its present worth. The present...
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Adams's New Arithmetic: Arithmetic, in which the Principles of Operating by ...

Daniel Adams - Arithmetic - 1828 - 286 pages
...amount to $ 397'50. The question, therefore, does not differ from the preceding. Ans. $ 375. Note. An allowance made for the payment of any sum of money before it becomes due, as in the, last example, is called Discount. The sum which, put at interest, would, in the time...
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