Advanced Arithmetic
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In our eReader you can find the full English version of the book. Read Advanced Arithmetic Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Advanced Arithmetic
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Interest at 7^%. Indorsements: Sept. 1, 1886, $10. Dec. 1, 1886, $360. Jan. 1, 1887, $300. What was still due?
9. Face, $500. Date, Feb. 1, 1884. Interest at 8%. Indorsements: Mar. 1, 1884, $100. Apr. 1, 1884, $100. May 1, 1884, $100. What was due June 1. 1884?
10. Face, $1200. Date, May 15, 1886. Interest, 6%. Indorsements: Aug. 10, 1886, "^ $500. Nov. 1, 1886, $500. What was due Jan. 1, 1887?
EXERCISE 241. (Written. ) Write 3 notes of your own, put 2 indorsements on each, perform, and bring t...o the class for dictation.
COMPOUND INTEREST.
Sometimes when a note specifies that interest on it is to be paid yearly, semi-j^early, quarterly, or the like, a special agreement is made that if sucli interest is not paid when ARITHMETIC. 217 due it shall be added to the principal, and the amount becomes a new principal for the next period.
This method of computing interest is called Compound Interest. In many states it is prohibited by law.
Compound the interest at 8X on $540 for 7 mo. 12 da. , payable quarterly.
What to read after Advanced Arithmetic?
You can find similar books in the "Read Also" column, or choose other free books by California State Board of Education to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Interest at 7^%. Indorsements: Sept. 1, 1886, $10. Dec. 1, 1886, $360. Jan. 1, 1887, $300. What was still due?
9. Face, $500. Date, Feb. 1, 1884. Interest at 8%. Indorsements: Mar. 1, 1884, $100. Apr. 1, 1884, $100. May 1, 1884, $100. What was due June 1. 1884?
10. Face, $1200. Date, May 15, 1886. Interest, 6%. Indorsements: Aug. 10, 1886, "^ $500. Nov. 1, 1886, $500. What was due Jan. 1, 1887?
EXERCISE 241. (Written. ) Write 3 notes of your own, put 2 indorsements on each, perform, and bring t...o the class for dictation.
COMPOUND INTEREST.
Sometimes when a note specifies that interest on it is to be paid yearly, semi-j^early, quarterly, or the like, a special agreement is made that if sucli interest is not paid when ARITHMETIC. 217 due it shall be added to the principal, and the amount becomes a new principal for the next period.
This method of computing interest is called Compound Interest. In many states it is prohibited by law.
Compound the interest at 8X on $540 for 7 mo. 12 da. , payable quarterly.
What to read after Advanced Arithmetic?
You can find similar books in the "Read Also" column, or choose other free books by California State Board of Education to read onlineMoreLess
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