Elementary arithmetic, with brief notices of its history... by Robert Potts.

12 11. If the principal sum with interest at the rate of 5 in the 10I for a month amount in a year to 1000; tell the principal and interest respectively (Lilavati). 12. Find the discount on ~170. 18s. 5d. due 52 days hence, at 2 —d. per ~100 per cay. 13. If ~10 be the interest of ~110 for a given time, what should be the discount of ~110 for the same time? 14. Shew that the interest on the discount of ~100 for one year at 5 per cent. per annum is equal to the discount on the interest at the same rate for the same time. VII. 1. Find the amount of ~320. 10s. for 4 years, at 5 per cent. compound interest, when the interest is payable yearly and half-yearly. 2. Find the amount of ~819. 4s. in 6 years at ~12. 10s. per cent. per annum compound interest. 3. Find the amount of ~62. 10s. in four years at 20 per cent. per annum compound interest. 4. What sum must be paid down to receive ~600 at the end of three years, allowing 5 per cent. per annum compound interest? 5. Finc the compouncl interest of ~250 at 3 per cent. per annum for 2 years and 195 days. 6. What is the compound interest of ~410 forthe term of 21- years at 41- per cent. per annuti, the interest payable quarterly? 7. The difference between the compound and simple interest of a certain sum of money for 3 years at 4 per cent. is 19s. Find the sum. 8. Find at what rate of simple interest in two years a sum would amount to the same sum as at 4 per cent. compound interest. 9. Compare the simple and compound interest of ~350 for 4 years at 43 per cent. per annum. 10. In how many years will ~1000 amount to ~1123. 12s. at 6 per cent. per annum compound interest? 11. A person put out to interest ~2,000 at 4 per cent.; he spends annually ~75, and adds the remainder of his dividend to his stock. What is he worth at the end of 5 years? 12. What sum of money put out to compound interest for 5 years. at 5 per cent. per annum will amount to ~100? 13. What is the present value of the compound interest, 3 per cent. per annum, of ~100, to be received five years hence? 14. Find the whole amount and the interest accumulated at the end of 4 years, by one who invests ~200 at the beginning of each year at 33 compound interest. 15. If a legacy of ~500 be left to a youth of 15 years of age, and invested at 4 per cent. per annum compound interest; what sum vould he receive when he becomes of age? 16. A person saves from his income ~100 a year, and invests his

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Title
Elementary arithmetic, with brief notices of its history... by Robert Potts.
Author
Potts, Robert, 1805-1885.
Canvas
Page viewer.nopagenum - Table of Contents
Publication
London,: Relfe bros.,
1876.
Subject terms
Arithmetic

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"Elementary arithmetic, with brief notices of its history... by Robert Potts." In the digital collection University of Michigan Historical Math Collection. https://name.umdl.umich.edu/abu7012.0001.001. University of Michigan Library Digital Collections. Accessed June 7, 2025.
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