An Arithmetic for Upper Grades

Cover An Arithmetic for Upper Grades
An Arithmetic for Upper Grades
John Henry Walsh
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Principal $ 240 ; rate 6% 2. Principal $250; rate 5% 3. Principal $300; rate 4% 4. Principal $300; rate 4% interest $ 14. 40. Amount $262. 50. Interest $ 14. 50. Amount $315. 50.
5. Principal $800 ; rate 4|% ; interest $124. 40.
TO FIND THE TERM OF DISCOUNT.
215. Oral Exercises.
1. Principal $300; rate 6%; interest $9. Time in years ? In months ? In days ?
2. Face of note $300; rate 6%; bank discount $9. Term in months ? In days ?
3. Face of note $300; rate 6%; bank discount $4. 50. Term in mon
...ths?
4. Face of note $300; rate 6%; bank discount $0. 45. Term in days ?
5. Face of note $600; rate 6%; bank discount $6. Term in days ?
"Written Exercises.
216. Find the number of days in which a note of $240, discounted at 6%, will yield discounts as follows: 1. $3. 60 4. $6. 68 7. $2. 92 2. $0. 36 5. $4. 32 8. $3. 48 3. $3. 96 6. $1. 24 9. $1. 76 217. Find the number of days in which a note of $240, discounted at 6%, will yield proceeds as follows : 1. $236. 40 4. $238. 76 7. $235. 68 2. $239.


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