The Common School Arithmetic Combining Analysis And Synthesis Adapted to the B
The Common School Arithmetic Combining Analysis And Synthesis Adapted to the B
James S James Stewart Eaton
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$ 2 6 8. 8 = Annual Int. Of $800 for 5yr. , Ans. 78. What is the annual interest of $600 for 6yr. 4m. 18d ? Solution. The interest of $G00 for 6 years is $216; the interest of $216 for ^ of (6 — 1) yr. , increased by the months and days viz. 8Jyr. 4m. 18d. , or 2yr. 10m. 18d. Is S37. 368, and this is the excess of the annual over the simple interest of $600 for 6yr. 4m. ISd. To this add the interest of $600 for Gyr. 4m. I8d. , viz. $229. 80, and we have $267, 168, the annual int. $44. Rule for ...computing annual 1. ]. ? A '. »3. the amount of $4692. 80, at annual Interest for 9yr. 4m. 24d. ? Problems in Interest. *2 It*. In every example in interest there are four elements or particulars which claim special attention, viz. Principal, Rate, Time, and Interest, any three of which being given, the other can be found.
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