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SIMPLE INTEREST.
83
Examples.
1. What is the interest of 170/ for l\ year, at 5 per cent.
:r annum? ... Ans. 12/ 15.?.
2. What is the interest of 205/ 15s for £ of a year, at 4
t cent, per annum ? - Ans. 2/ Is Id Sj-tj.
I 3. What is the interest of 319/ 6d for 5-| years, at 3$ per
nt. per annum ? - - Ans. 68/ 15s 9d 2^q.
IV. For any number of daysy multiply the interest of a
: ar by them, and divide by 365.
TABLE shming the number of days from any day of one
month to the same day if any other month.
lote. In leap year, if the end of the month of February be in the
e, one day must be added on that account.
Examples.
[. What is the interest of 107/ for 117 days, at 4| per
it. per annum ; - - Ans. 1 / 12s 7-ifrrd.
2. What is the amount of 120/ from Jan. 7, to Sept. 12,
»7, at i per cent, per annum ? Ans. 123/ 5s 2d 2\\fq.
83
Examples.
1. What is the interest of 170/ for l\ year, at 5 per cent.
:r annum? ... Ans. 12/ 15.?.
2. What is the interest of 205/ 15s for £ of a year, at 4
t cent, per annum ? - Ans. 2/ Is Id Sj-tj.
I 3. What is the interest of 319/ 6d for 5-| years, at 3$ per
nt. per annum ? - - Ans. 68/ 15s 9d 2^q.
IV. For any number of daysy multiply the interest of a
: ar by them, and divide by 365.
TABLE shming the number of days from any day of one
month to the same day if any other month.
lote. In leap year, if the end of the month of February be in the
e, one day must be added on that account.
Examples.
[. What is the interest of 107/ for 117 days, at 4| per
it. per annum ; - - Ans. 1 / 12s 7-ifrrd.
2. What is the amount of 120/ from Jan. 7, to Sept. 12,
»7, at i per cent, per annum ? Ans. 123/ 5s 2d 2\\fq.
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| Antiquarian books of Scotland > Education > Complete treatise on practical arithmetic and book-keeping > (97) |
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| Permanent URL | https://digital.nls.uk/114434734 |
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| Description | Adapted to the use of schools by Charles Hutton. |
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| Shelfmark | ABS.1.77.179 |
| Additional NLS resources: | |
| Attribution and copyright: |
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More information
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| Description | Thousands of printed books from the Antiquarian Books of Scotland collection which dates from 1641 to the 1980s. The collection consists of 14,800 books which were published in Scotland or have a Scottish connection, e.g. through the author, printer or owner. Subjects covered include sport, education, diseases, adventure, occupations, Jacobites, politics and religion. Among the 29 languages represented are English, Gaelic, Italian, French, Russian and Swedish. |
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