A Complete Arithmetic
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7 $30. 84 1. Find the interest of $242 for 3 yr. At 7%. 2. Find the interest of $375 for 2 yr. At 6%. 3. Find the interest of $146 for 1 yr. At 5%. 4. Find the interest of $274 for 3 yr. At 5%. 5. Find the interest of $375 for 2 yr. At 8%. 6. Find the interest of $864 for 3 yr. At 7%. (a) Find the sum of the six results. 291 292 COMPLETE ARITHMETIC. Interest. 243. To Compute Interest for any Number of Years and Months. Note. — The interest for 1 month is 1 twelfth as much as it is for 1 year ; ...for 2 months, 2 twelfths or 1 sixth, etc. Example. Find the interest of $324. 50 for 2 yr. 5 mo. At 6%. Operation and Explanation No. 1. Interest of 1324. 50 for 1 year at 1 % = $3, 245 Interest of $324. 50 for 1 year at 6% = $19, 470 Interest of $324. 50 for 2 years at 6 % = $38, 940 Interest of $324. 50 for 1 mo. At Q% = $1. 6225 Interest of $324. 50 for 5 mo. At Q% = 8. 1125 Interest of $324. 50 for 2 yr. 5 mo. At 6 % = $47. 0525 Operation No. 2. Explanation. 2 yr. 5 mo. = 2 T 5 g years. The interest of any sum for 2 yr.
What to read after A Complete Arithmetic?
You can find similar books in the "Read Also" column, or choose other free books by Frank H Hall to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
7 $30. 84 1. Find the interest of $242 for 3 yr. At 7%. 2. Find the interest of $375 for 2 yr. At 6%. 3. Find the interest of $146 for 1 yr. At 5%. 4. Find the interest of $274 for 3 yr. At 5%. 5. Find the interest of $375 for 2 yr. At 8%. 6. Find the interest of $864 for 3 yr. At 7%. (a) Find the sum of the six results. 291 292 COMPLETE ARITHMETIC. Interest. 243. To Compute Interest for any Number of Years and Months. Note. — The interest for 1 month is 1 twelfth as much as it is for 1 year ; ...for 2 months, 2 twelfths or 1 sixth, etc. Example. Find the interest of $324. 50 for 2 yr. 5 mo. At 6%. Operation and Explanation No. 1. Interest of 1324. 50 for 1 year at 1 % = $3, 245 Interest of $324. 50 for 1 year at 6% = $19, 470 Interest of $324. 50 for 2 years at 6 % = $38, 940 Interest of $324. 50 for 1 mo. At Q% = $1. 6225 Interest of $324. 50 for 5 mo. At Q% = 8. 1125 Interest of $324. 50 for 2 yr. 5 mo. At 6 % = $47. 0525 Operation No. 2. Explanation. 2 yr. 5 mo. = 2 T 5 g years. The interest of any sum for 2 yr.
What to read after A Complete Arithmetic?
You can find similar books in the "Read Also" column, or choose other free books by Frank H Hall to read onlineMoreLess
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