Wrights Bookkeeping Simplified a Complete Encyclopedia of Business Methods
Wrights Bookkeeping Simplified a Complete Encyclopedia of Business Methods
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To quickly assess the difficulty of the text, read a short excerpt:
7 9s. Qd. 420 value of 7 at $4. 00 1. 80 " 9s. " 4. 00 per 10 " 6d. " 4. 00 " 5)29. 90 " 7 9s. 6d. " 4. 00 " 12) 5. 98 " 7 9 6 " . 80 " 49 7 9 6 " . 07 Answer, $36. 37 " 796" $4. 87 SHORTEST KNOWN RULES FOR COMPUTING INTEREST, ANY RATE FOR ANY GIVEN TIME ON ANY GIVEN AMOUNT.
CASE 1. To find the interest at 6$ for 30 days on any amount.
Rule 1. Divide the amount in dollars by two, and that will give the interest in cents.
CASE. 2. To find the interest at 7$ on any amount for any num- ber of days....
Rule 2. Proceed according to Kule 1 and add one-sixth of the result. Deduct one-sixth to find the interest at 5$. Any other A COMMON-SENSE VIEW OF BOOKKEEPING. 145 percentage may be found by adding or subtracting as the case may require.
CASE 3. When the time is in years, months, and days, reduce the time to days, and proceed as in Rule 2 and take aliquot parts for the fractional part of 30 days.
CASE 4. Any amount will show upon its face the interest there- on at 6$ for 60 days, by removing the decimal point two places to the left.
What to read after Wrights Bookkeeping Simplified a Complete Encyclopedia of Business Methods?
You can find similar books in the "Read Also" column, or choose other free books by P a Prince Albert Wright to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
7 9s. Qd. 420 value of 7 at $4. 00 1. 80 " 9s. " 4. 00 per 10 " 6d. " 4. 00 " 5)29. 90 " 7 9s. 6d. " 4. 00 " 12) 5. 98 " 7 9 6 " . 80 " 49 7 9 6 " . 07 Answer, $36. 37 " 796" $4. 87 SHORTEST KNOWN RULES FOR COMPUTING INTEREST, ANY RATE FOR ANY GIVEN TIME ON ANY GIVEN AMOUNT.
CASE 1. To find the interest at 6$ for 30 days on any amount.
Rule 1. Divide the amount in dollars by two, and that will give the interest in cents.
CASE. 2. To find the interest at 7$ on any amount for any num- ber of days....
Rule 2. Proceed according to Kule 1 and add one-sixth of the result. Deduct one-sixth to find the interest at 5$. Any other A COMMON-SENSE VIEW OF BOOKKEEPING. 145 percentage may be found by adding or subtracting as the case may require.
CASE 3. When the time is in years, months, and days, reduce the time to days, and proceed as in Rule 2 and take aliquot parts for the fractional part of 30 days.
CASE 4. Any amount will show upon its face the interest there- on at 6$ for 60 days, by removing the decimal point two places to the left.
What to read after Wrights Bookkeeping Simplified a Complete Encyclopedia of Business Methods?
You can find similar books in the "Read Also" column, or choose other free books by P a Prince Albert Wright to read onlineMoreLess
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