 | Thomas Keith - Arithmetic - 1822 - 354 pages
...5s. 9^d., being the interest of 15,0001. for (57+3 days of grace) 60 days. See Prop. 2, page 131. 6. When goods are bought or sold on which discount is...the value of the goods for a year is the discount. Examples. . • . . . (1.) What are the present worth and discount of 550£ 10s. for & months, at 5... | |
 | Thomas Keith - Arithmetic - 1825 - 360 pages
...5s. 9^d., being the interest of 15,0001. for (37+5 days of grace) 60 days. See Prop. 2, page 131. 6. When goods are bought or sold on which discount is...made for present payment at any rate per cent, if DO time be specified, the interest of the value of the goods for a year is the discount. Examples.... | |
 | John Bonnycastle - 1851 - 314 pages
...rate, and for the same time, is to its principal or interest. Note. When goods are bought or sold, and discount is to be made for present payment, at any rate per cent., without regard to time, the interest of the sum, as calculated for a year, is the discount. RXILE.*... | |
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... days of grace) 60 days. See Prop. 2, page 131. 6. When goods are bought or sold on which discount is to be made for present payment at any rate per cent, if no time be specified, the interest of the value of the goods for a year is the discount. Examples.... 