2. Change 2366 marks current to banco, agio at 20 per cent. Anf. 1971 marks, 10 ftivers.

3. Change 7456 current marks to banco, agio at 22 per cent. Anf. 6111 marks, 7 ftivers,

To change Bank to current money,

RULE. AS 100 marks is to 100 with the agio added, fo is the bank given to the current required.

EXAMPLES.

1. Change 475 marks banco to current, agio at 18 per cent.

18 100

m.

Anf. 560 marks, 8 stivers.

100: 118:: 475

Or thus,

475

18

3800

475

85150

16

8100

2. Change 1971 marks, 103 stivers banco to current, agio at zo

PRACTICAL QUESTIONS.

How much will 63152 lb. of cotton come to, at 8

I.

per lb. ?

grotes

8

2)507616 grotes

16)253808 ftivers

Anf. 15863 marks

2. What will 351 lb. of cotton come to at 50d. per lb. ?

NOTE. d. is the mark for pence Flemish, equal in value to half ftivers or half fhillings lubs.

3.

What will 339 bars Ruffian iron come to, wt. 19662 lb. at

35 marks per shippound?

15. 245 bars iron, wt. 8434 lb. 41 marks per shippound, 1235 16. 10 bales hemp, wt. 14108 lb. 74 ditto, ditto,

3728

17. What is the commiffion on 18270 marks, at 2 per cent.? Anf. 456 m. 12 ft.

18. What is the intereft of 6370 marks, for three months, at Ans. 79 m. 10 ft.

5 per cent. per annum?

19. Change 5955 marks 7 ftivers to Dutch florins, at 38 grot. per florin.

20.

Anf. 4950 gild. or flor.

An American merchant orders his correfpondent in Amfter. dam to remit 4980 florins 16 ftivers to Hamburgh; this being done, when the exchange is 394 ftivers for 2 marks, what fum is he credited for in Hamburgh ?

HOLLA N D.

Accounts are kept in Florins or Gilders, Stivers, Deniers or Pen

The florin or gilder of the United Netherlands is estimated in the

In liquid measure, 16 mingles make 1 fteckan, 8 steckans 1 aume.

1. Change 1954 florins to Federal money, at 40 cts. per florin.

1954
40

dols. 781,60

Anf. 781 dols. 60 cts.

Change 2653 gilders 17 ftivers to Federal money, at 40 ets.

per gilder.

2. Change 1061 dols. 54 cts. to gilders, at 40 cts. per gilder.

3. What must be paid in Boston for an invoice of goods charged at 591 florins 17 ftivers; allowing the exchange at 40 cents per florin, or 2 cents per ftiver, and advancing on it 60 per cent. ?

RULE. As 1 pound fterling is to the given rate, so is the sterling given to the Flemish required.

EXAMPLES.

1. In £.100 10s. fterling, how many gilders, exchange at 335.9d. Flemish per pound sterling ?

RULE. As the given rate is to 1 £. fterling, fo is the Flemish given to the sterling required.

U