 | Thomas Dilworth - 1825 - 214 sider
...seeond year, then find the amount of that prineipal for the seeond year, and that is the prineipal for the third year ; and so on for any number of years given. 2 Subtraet the given sum from the last amount, an3 the remainder is the eompound interest required.... | |
 | Zadock Thompson - 1826 - 176 sider
...interest, and make the amount the principal for the next year, or stated period ; and so on to the last. From the last amount subtract the given principal, and the remainder will be the compound interest required. Examples. 1. What is the compound interest of g 125 for 2 years and 6 months,* at 6 per cent... | |
 | Nicolas Pike, Dudley Leavitt - 1826 - 214 sider
...equal to the given number of years the last product will be the amount for the whole time ; from which subtract the given principal, and the remainder will be the compound interest. Or, RULE 2 — Multiply the amount of one dollar, or one pound, for the given number of years, by the... | |
 | Zachariah Jess - 1827 - 226 sider
...are years in the" time : the last product will be the amount for the last year — From which take the given principal, and the remainder will be the...Interest. EXAMPLES. 1. What is the compound interest of 450?. 10*. for S At 5 per cent, per annum ? The common way. . 450 10 5 £. 22)52 10 20 ». 10)50 12... | |
 | James Ryan - 1827 - 290 sider
...interest, 20)4410 third year's principal, 220.50 third year's interest, • > ' Answer $4630.50, amount. From the last amount subtract the given principal, and the remainder will be the compound interest. Thus, $4630.50 — $4000=$630.50, compound interest. Exercises. — 1. What is the amount of $400 for... | |
 | Nicolas Pike, Dudley Leavitt - 1826 - 222 sider
...to the giv .n number of years, the last product will be the amount for the whole time ; from which subtract the given principal, and the remainder will be the compound interest. Or, RULE 2. — Muftiply the amount of one dollar, or one pound, for the given number of years, by... | |
 | William Kinne - 1829 - 246 sider
...payment, and so on for the number of payments required. Subtract the principal from the last amount, and the remainder will be the compound interest. EXAMPLES. 1. What is the compound interest of 406 dollars, for 3 years, at 6 per cent. per annum 1 406 principal for the 1st year. 6 24,36 interest... | |
 | Nicolas Pike, Dudley Leavitt - 1830 - 240 sider
...given number of years, by the given principal, the product will be the amount required; from which subtract the given principal, and the remainder will be the compound interest. EXAMPLES. 1. What will be the amount and compound interest of §500 for 3 years, at 6 per cent. ? By rule 1. $500X 1,06X... | |
 | Thomas Tucker Smiley - 1830 - 188 sider
...be the principal for the second year ; then find the amount of the principal for the second year for the principal for the third year ; and so on for any number of years. Questions. What is interest ? What four things are to be particularly observed in computing interest... | |
 | Martin Ruter - 1831 - 190 sider
...principal, which consists of- the princival and interest fbi- the second year: will bo 'the prvicir.zl for the third year: and so on, for any number of years....amount:- subtract the given principal, and the remainder v/ill bo the compound interest. EXAMPLES. 1. What is the compound interest of $8000 for two] I years,... | |
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From the last amount, subtract the given principal, and the remainder will be the compound interest. EXAMPLES. 
