8. Required the amount of $550, for 2 yr. 5 mo. 11 da., at 6% per annum. 9. A bin 6 ft. long and 4 feet wide has a capacity of 75 bushels. How deep is it? (Cancel.) 10. Subtract sixteen ten-millionths from 27 millionths, and multiply the remainder by 20.5. 11. A piece of land is 120 feet wide and 150 feet long. What part of an acre does it contain ? 12. Find the difference in time corresponding to a difference in longitude of 7° 42' 30". 13. Find the cost of 11,723 feet of lumber, at $19.25 per M. 14. A note is made and dated Sept. 11, 1888, and is made payable in 90 days. Find the date of maturity. 15. Add 137 days to Aug. 14, 1892, and give the resulting date. 16. Divide 320 acres of land among A, B, and C, so that A shall have 15 acres more than B, and C shall have 27 acres more than B. 17. From 10 bu. subtract the sum of 3.64 bu., bu., and 1 bu. 3 pk. 6.52 qt. 18. At 90 a yard, what will be the cost of a carpet for a flight of stairs of 18 steps, each 7 inches high and 10 inches. wide? 3 13 91 19. By what number must 30g be multiplied to produce 6041? 20. Reduce to common fractions .0125, .061, .0677, .006325. 21. Reduce to decimals and find their sum: 4, 4, 40, 312· 22. Why does the value of a fraction remain unchanged when both terms are multiplied by the same number? 23. Required the height of a tower that casts a shadow 21 ft., when under the same conditions of time and place a staff 10 ft. high casts a shadow 23 in. 24. At an election A and B were the candidates for sheriff, and B received 1,211 majority. If the whole number of votes cast was 9,891, how many votes did each receive? 25. A note for $125, made Jan. 4, 1887, is paid May 3, 1888, with interest at 5 per cent per annum. Find the amount paid. BILLS OF EXCHANGE. Exchange for £ 180 17s. 6d. NEW YORK, Dec. 14, 1895. Sixty days after sight of this First of Exchange (Second unpaid), pay to the order of John W. Moran & Bro., One Hundred Eighty pounds sterling, seventeen shillings, six pence, Value received, and charge the same to account of To JAMES LENNON & Co., London. 1005. Slate Exercises. PETER COMERFORD & SON. 1. Find the cost of the above bill at $4.87 per £. 2. What would be the cost of a cable transfer of £251 11s. The newspapers give quotations of foreign exchange for sight and 60-day bills, also for cable transfers, 1 1006. The New York quotations for French exchange give the number 1007. The quotations for German exchange give the value in U. S. money of 4 Reichmarks (or marks). 3. Find the cost of a sight bill on Paris for 1,000 francs, at 5.16 francs for $1. 4. Find the cost of a 60-days bill of exchange on Berlin for 1,874.35 marks, at 951 for 4 marks. 5. What will be the face in marks of a sight bill of exchange on Berlin that can be bought for $1,000, at 951 for 4 marks? 6. A New York merchant pays $1,637.50 for a 60-days bill on Paris. What is the face of the bill, the rate of exchange being 5.18 francs for $1? 7. At $4.88 per £, what will be the face of the sight bill on London that can be bought for $1,500? 8. Bought goods in London amounting to £437 5s. 10d. less 4%. How much will I have to pay in Boston for a sight bill of exchange at $4.881, to settle the account? 9. What will be the cost in Chicago for a 60-day bill on Paris, that will pay for the following articles? Rate, 1 franc = 1914. 18 pieces silk, 44 meters each, at 25 francs per meter, less 71%. 3 pieces of cloth, 50 meters each, at 20 francs per meter, less 5% Packing charges, 60.50 francs. 10. I wish to send a sight bill of exchange on Berlin in payment of the following invoice: 4 cases musical instruments amounting to 3,598.60 marks, less 10, 5, and 21%. Freight to Hamburg, 165 kilos, at 4.80 marks per kilo. At 95 for 4 marks, what will be the cost of the bill of exchange? CHAPTER XIII. PARTIAL PAYMENTS.-RATIO AND PROPORTION. -SQUARE ROOT. SURFACES AND VOLUMES. 1008. U. S. Rule. PARTIAL PAYMENTS. DULUTH, MINN., Jan. 5, 1889. On demand, I promise to pay to the order of Owen McGee Three Hundred Dollars, value received, with interest at 7 per cent. $300,00% J. RANDOLPH PAGE. Endorsements: May 20, 1889, $100; Oct. 30, 1889, $100; March 6, 1890, $50. How much was due Jan. 5, 1891? Find amount of $300 Jan. 5, 1889, to first payment May 20, 1889, 4 mo. 15 da. (by compound subtraction). Deduct first payment, Balance May 20, 1889, $307.88 100.00 $207.88 Amount, Less third payment, Balance Oct. 30, 1889, Interest on $114.35 Oct. 30 to March 6, 4 mo. 6 da., Balance March 6, 1890, Interest on $67.15 March 6 to Jan. 5, 9 mo. 29 da., Due Jan. 5, 1891, $114.35 2.80 $117.15 50.00 $67.15 3.90 $71.05 |