DISCOUNT. 191 



EXAMPLES. 



1. What Is the discount of 573I. 15s. due 3 years hence> 

 at 4~ per cent. ? 



2. What 



jastice, be no other than such a sum, as, being put out to interest 

 till the debt becomes due, would amount to the interest of the 

 debt for the same time. — It is beside plain, that the advantage 

 arising from discharging a debt, due some time hence, by a pres- 

 ent 



