A Common School Arithmetic
A Common School Arithmetic
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$121. 28.
468. Principle. — The interest is equal to the product of the principal, rate and time.
469. Rules for Interest by the General Method. — i. Multiply the principal hy the rate, and, that product by the time expressed as years. Or, 2. Multiply the principal hy the rate, and that product by the time expressed as months, and divide the result by 12.
S. Add the interest and principal, and the result will be the amoiuvt.
PJtOJil. EMS.
What is the interest of — 1. 85631 for 1 year, at 6% ? A...ns. $337. 86.
2. $860 for 2 years, at 7% ? Ans. $120. 40, 3. $325for 5years, at8%?
4. $1450 for 2 years 6 months, at 6% ? Ans. $217. 50.
5. $111. 42 for 4 years 2 months, at 5% ?
6. $19000 for 2 y. 4 mo. , at 7fV% ? ^ns. $3236. 331 7. $6600 for 3 y. 6 mo. 20 da. , at 0% ? Ans. $1408.
SIMPLE INTEREST. 195 8. What is the interest of ^750 from Jan. 9, 1869, to Nov. 9, 1870 ? Ans. $82. 50.
9. What is the amount of $3350 for 5 y. 9 mo. , at 8% ?
10. What is the amount of $1242 from July 3, 1868, to Jan.
What to read after A Common School Arithmetic?
You can find similar books in the "Read Also" column, or choose other free books by D B Daniel Barnard Hagar to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
$121. 28.
468. Principle. — The interest is equal to the product of the principal, rate and time.
469. Rules for Interest by the General Method. — i. Multiply the principal hy the rate, and, that product by the time expressed as years. Or, 2. Multiply the principal hy the rate, and that product by the time expressed as months, and divide the result by 12.
S. Add the interest and principal, and the result will be the amoiuvt.
PJtOJil. EMS.
What is the interest of — 1. 85631 for 1 year, at 6% ? A...ns. $337. 86.
2. $860 for 2 years, at 7% ? Ans. $120. 40, 3. $325for 5years, at8%?
4. $1450 for 2 years 6 months, at 6% ? Ans. $217. 50.
5. $111. 42 for 4 years 2 months, at 5% ?
6. $19000 for 2 y. 4 mo. , at 7fV% ? ^ns. $3236. 331 7. $6600 for 3 y. 6 mo. 20 da. , at 0% ? Ans. $1408.
SIMPLE INTEREST. 195 8. What is the interest of ^750 from Jan. 9, 1869, to Nov. 9, 1870 ? Ans. $82. 50.
9. What is the amount of $3350 for 5 y. 9 mo. , at 8% ?
10. What is the amount of $1242 from July 3, 1868, to Jan.
What to read after A Common School Arithmetic?
You can find similar books in the "Read Also" column, or choose other free books by D B Daniel Barnard Hagar to read onlineMoreLess
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