The book New Practical Arithmetic for Grammar Departments was written by author James B James Bates Thomson Here you can read free online of New Practical Arithmetic for Grammar Departments book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is New Practical Arithmetic for Grammar Departments a good or bad book?
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=tlie — — int. Of $1 for 80 times 8 m. , or 640 m. Now 200 ^°° ) l2bo m. +420 m. + 640 m. = i26o m. ; therefore I am A. Ns. 6-j^ m. Entitled to the use of $1 for 1260 m. But the sum of the debts is $50 + $70 + $80= $200. Now as I am entitled to the use of $1 for 1260 m. , I must be entitled to the use of $200 for 7^0 part of 1260 m. , and 1260-5-200=6 1\ m. , or 6 m. 9 d. , the average time re- quired. Hence, the Rule. — Multiply each item ly its length of credit, and divide the sum of the prod...ucts ly the sum of the items. The quotient will he the average time. Notes. — i. When the date of the payment is required, add the average time to the date of the transaction. Thus, in the preceding Ex. , the date of payt. Is Oct. 3d + 6 m. 9 d. , or April 12th, 1871. 469. What is equation of payments ? Note. What is the average time called ? 470. How many classes of examples in Equation of Payments? 471. How find the avera^re time, when the items have the same date, but different credita 302 EQUATION OF PAYMENTS.
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