## Bryant and Stratton's Commercial Arithmetic: In Two Parts. Designed for the Counting Room, Commercial and Agricultural Colleges, Normal and High Schools, Academies and Universities |

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Bryant and Stratton's Commercial Arithmetic: In Two Parts. Designed for the ... Emerson Elbridge White No preview available - 2016 |

### Common terms and phrases

amount due annual interest annuity avdp avoirdupois balance bank bbls bill bushels called carats Cash ciphers Citles coin common compound interest computed cost cube root currency debt discount Divide dividend divisor dollar draw interest equal equated Examples Explanation.—Since Express decimally feet figure florins gain or loss gallons galls given number gold greatest common divisor Hence improper fraction invested July least common multiple liabilities Measure money of account months Multiply number of days number of terms paid partners payable payment pleces pound pound sterling premium present value present worth principal profit pwts quotient rate per cent ratio received Reduce rix-dollar rule Rule.—Multiply semi-annually Sept silver simple fraction simple interest sold Spanish dollars square root sterling terest thaler troy units usury weight whole number yards York

### Popular passages

Page 139 - The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due.

Page 309 - Cubic Measure 1728 cubic inches (cu. in.) =1 cubic foot (cu. ft.) 27 cubic feet = 1 cubic yard (cu. yd.) 128 cubic feet = 1 cord (cd...

Page 203 - No corporation shall hereafter, interpose the defense of usury in any action. The term corporation, as used in this section, shall be construed to include all associations, and joint-stock companies having any of the powers and privileges of corporations not possessed by individuals or partnerships.

Page 62 - When a decimal number is to be divided by 10, 100, 1000, &c., remove the decimal point as many places to the left as there are ciphers in the divisor, and if there be not figures enough in the number, prefix ciphers.

Page 205 - Multiply each payment by its term of credit, and divide the sum of the products by the sum of the payments ; the quotient will be the average term of credit.

Page 62 - To multiply a decimal by 10, 100, 1000, &c., remove the decimal point as many places to the right as there are ciphers in the multiplier ; and if there be not places enough in the number, annex ciphers.

Page 278 - Sphere is a body bounded by a uniformly curved surface, all the points of which are equally distant from a point within called the center.

Page 27 - TABLE. 10 Mills (m.) = 1 Cent . . ct. 10 Cents = 1 Dime . . d. 10 Dimes = 1 Dollar . $. 10 Dollars = 1 Eagle . E.

Page 139 - If the payment be less than the interest, the surplus of interest must not be taken to augment the principal; but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal; and interest is to be Computed on the balance, as aforesaid.

Page 277 - The altitude of a cone is the perpendicular distance from the vertex to the base.