Walshs Business Arithmetic

Cover Walshs Business Arithmetic
Walshs Business Arithmetic
John Henry Walsh
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For (c), take 45 da. , 15 da. , and 15 da.
BUSINESS CALCULATIONS 107 14. Find the amount of $864 for 98 days (a) at 5%; (b) at 6%; (c) at 4%.
Some clerks begin with the 6 % rate in all interest calculations, making the necessary change in this result to conform with the rate specified in a given transaction.
15. Find the amount of $972 for 66 days (a) at 7%; Int. 60 da.
" 6 " METHOD (a) at 6% $9. 72 + . 972 Int. 66 da.
at 6% $10. 692 "1% + 1. 782 Int. 66 da. Principal at 7% $12. 47 972. - Amoun
...t Int. 66 da.
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