A Complete Arithmetic Uniting Mental And Written Exercises in a Natural System
A Complete Arithmetic Uniting Mental And Written Exercises in a Natural System
Emerson Elbridge White
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0205 15276465 6110586 $6. 26335065 bth interest. 305. 5293 $311. 7926, Awount dnc yov. 11, 1867. PARTIAL PAYMENTS. 183 The first step is to find the difierence of time between each two consecutive dates, and form the corresponding decimal multipliers by the six per cent, method (Art. 288). The payments may be written below. This preparation will lessen the liability of error in the calculation. Since the 1st payment is greater than the 1st interest, form the amount and subtract therefrom the pa...yment. The difference is the 2d principal. Find the 2d interest. Since the 2d payment is less than the 2d interest, let the interest stand, drawing a double line beneath it, and bringing down the 2d principal for a 3d principal. Find the 3d interest. Since the sura of the 2d and 3d payments is greater than the sum of the 2d and 3d interests, form the amount and subtract therefrom the sum of the 2d and 3d payments. The difference is the 4th prin- cipal. Find the 4th interest. Since the 4th payment is greater than the 4th interest, form the amount and subtract therefrom the 4th payment.
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