How to become a Lightning Calculator by Anonymous is part of the HackerNoon Books Series. You can jump to any chapter in this book . The Canadian Interest Rule. here The Canadian Interest Rule. This rule of computing interest appears in some Canadian text-books, and, though simply a modification of other rules, is worthy of notice. To find the interest on $724 for 5 1/2 months at 6 per cent., all you have to do is to divide by 4 and multiply by 11. The rule is to divide the principal by 4, and to multiply the quotient by one-third of the product of the rate by the time in months. times 5 1/2 = 33, and one-third of 33 is 11. If the time be expressed in years, multiply one-fifth of the principal by one-half the product of the rate by the number of years, and remove the decimal point one place to the left. Six About HackerNoon Book Series: We bring you the most important technical, scientific, and insightful public domain books. This book is part of the public domain. Anonymous (2021). How to become a lightning calculator. Urbana, Illinois: Project Gutenberg. Retrieved https://www.gutenberg.org/cache/epub/65078/pg65078-images.html This eBook is for the use of anyone anywhere at no cost and with almost no restrictions whatsoever. You may copy it, give it away or re-use it under the terms of the Project Gutenberg License included with this eBook or online at , located at . www.gutenberg.org https://www.gutenberg.org/policy/license.html