The Western Calculator, Or, a New And Compendious System of Practical Arithmetic ..
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FOREIGN EXCHANGE. 105 2. Change 37Z. 10s. Pennsylvania currency, to dollars.
37 Z. 10s. ^1500 six-pences.
75. 6d. or 15 six-pences make a dollar Pennsylvania cui rency; hence 1500-7-15=100 dolls. Aus.
Or, 37Z. 10s.=9000 pence= 100,00 cents. Ans.
3. Change 225Z. 12s. New York currency to Federa' money.
225Z. 12s.=4512 shillings ^ 8 the dollar New York cur- rency=564 dollars. Ans.
4. A bill of exchange for 468Z. 9s. 6d. Virginia curren- cy, is remitted to Philadelphia ; what is its value in Feder...al money? Ans. 1563 dollars 25 cts.
5. A merciiant deposited in the United States branch bank at Pittsburgh, the sum of 750Z. 10s. Pennsylvania cur- rency, for what sum may he draw for in Federal money 7 Ans. 2001 dollars 33i cents.
Note. — Federal money being now generally introduced into mercaR- tile business tliroughout the United States, has nearly superseded the use of tlie above rules of exchange between the different States.
Case 3.
FOREIGN EXCHANGE.
Accounts are kept in England, Ireland, and the West India Islands, in pounds, shillings, pence, and farthings though their intrinsic value in these places is different.
What to read after The Western Calculator, Or, a New And Compendious System of Practical Arithmetic ..?
You can find similar books in the "Read Also" column, or choose other free books by J Joseph Stockton to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
FOREIGN EXCHANGE. 105 2. Change 37Z. 10s. Pennsylvania currency, to dollars.
37 Z. 10s. ^1500 six-pences.
75. 6d. or 15 six-pences make a dollar Pennsylvania cui rency; hence 1500-7-15=100 dolls. Aus.
Or, 37Z. 10s.=9000 pence= 100,00 cents. Ans.
3. Change 225Z. 12s. New York currency to Federa' money.
225Z. 12s.=4512 shillings ^ 8 the dollar New York cur- rency=564 dollars. Ans.
4. A bill of exchange for 468Z. 9s. 6d. Virginia curren- cy, is remitted to Philadelphia ; what is its value in Feder...al money? Ans. 1563 dollars 25 cts.
5. A merciiant deposited in the United States branch bank at Pittsburgh, the sum of 750Z. 10s. Pennsylvania cur- rency, for what sum may he draw for in Federal money 7 Ans. 2001 dollars 33i cents.
Note. — Federal money being now generally introduced into mercaR- tile business tliroughout the United States, has nearly superseded the use of tlie above rules of exchange between the different States.
Case 3.
FOREIGN EXCHANGE.
Accounts are kept in England, Ireland, and the West India Islands, in pounds, shillings, pence, and farthings though their intrinsic value in these places is different.
What to read after The Western Calculator, Or, a New And Compendious System of Practical Arithmetic ..?
You can find similar books in the "Read Also" column, or choose other free books by J Joseph Stockton to read onlineMoreLess
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