CHAP. CCCLXXVII.
Of the Exchanges of Ven•…•…ce with London.
VEnice doth Exchange with London, and giveth one Duccat of * 1.1 Liv. 6 〈◊〉〈◊〉 to have there posito 56 〈◊〉〈◊〉 pence sterling: I demand then
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Of the Exchanges of Ven•…•…ce with London.
VEnice doth Exchange with London, and giveth one Duccat of * 1.1 Liv. 6 〈◊〉〈◊〉 to have there posito 56 〈◊〉〈◊〉 pence sterling: I demand then
for Duccats 740, how many Livers or Sterling shall Venice have credit in London: this must be done as in the precedent account is shewed of Venice with Antwerpe, and it will come to pounds 173, s. 8. and pence 9, which Venice shall have credit in London, as by the Example more at large appeareth. 〈 math 〉〈 math 〉
The proofe of this account is manifested, when London doth re∣change * 1.2 this sum of 173. 8. 9 d. for Venice, and here note, that Vsance from Venice to London is 3 moneths, or 90 daies, and double Vsance the said time doubled, and the like accounted backe from London to Venice.
Exchanges of Venice with London.
Proofe.