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Βιβλία Βιβλία 1 - 10 από 21 για In casting interest upon bonds, notes, &.c., upon which partial payments have been....
" In casting interest upon bonds, notes, &.c., upon which partial payments have been made, every payment is to be first applied to keep down the interest ; but the interest is never allowed to form a part of the principal, so as to carry interest, for the... "
Ruger's Arithmetick, with Questions and Answers: A New System of Arithmetick ... - Σελίδα 155
των William Ruger - 1841 - 263 σελίδες
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A General Abridgment and Digest of American Law: With Occasional ..., Τόμος 9

Nathan Dane - 1829
...of interest due at the time of payment; but is not to be used when the interest exceeds the payment, for the effect in such case would be to give compound interest, which the law does not allow.' In fact, the plain rule is to avoid usury, never to compute interest so as to increase the principal...

A General Abridgment and Digest of American Law: With Occasional ..., Τόμος 9

Nathan Dane - 1829
...made. 1. Every payment is to be applied to keep down the interest : 2. The interest is never to be allowed to form a part of the principal, so as to carry interest. Hence, the rule is to cast interest from the time it commenced to the time of the first payment endorsed,...

A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - 1832 - 263 σελίδες
...when a payment is made; and that the payment first goes to discharge the interest, and then to reduce the principal; but interest is never allowed to form...EXAMPLES. 1. Suppose a note was given on demand for §1000, dated Feb. 1, 1825, on which were the following endorsements. 1 . April 1, 1826, Received,...

A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - 1836 - 263 σελίδες
...when a payment is made ; and that the payment first goes to discharge the interest, and then to reduce the principal-; but interest is never allowed to form...interest exceeds the payment, interest is continued ou the same principal, till the amount 'of the payments exceed the interest. •• EXAMPLES. 1. Suppose...

A Law Dictionary: Adapted to the Constitution and Laws of the ..., Τόμος 1

John Bouvier - 1843
...partial payments have been made, every payment is to be first applied to keep down the interest, but the interest is never allowed to form a part of the principal, so as to carry interest. 17 Mass. R. 417; 1 D'all. 378. — 2. When a partial payment exceeds the amount of interest due when...

A Simple Method of Keeping Books by Double-entry: Without the Formula Or ...

George Nixon Comer - 1846 - 104 σελίδες
...following rule has been adopted, by which every payment is first applied to keep down the interest; but the interest is never allowed to form a part of the principal, so as to carry interest. In casting interest upon Bonds, Notes, &c., upon which partial pay. ments have been made, every payment...

A Simple Method of Keeping Books, by Double-entry, Without the Formula Or ...

George Nixon Comer - 1847 - 104 σελίδες
...rule has been adopted, by which every payment is first applied to keep down the interest ; but the interest is never allowed to form a part of the principal, so as to carry interest. Compute the interest on the principal sum, from the time when the interest commenced to the first time...

The Creditor's & Debtor's Assistant, Or, The Mode of Collecting Debts

Isaac Ridler Butts - 1849 - 108 σελίδες
...partial payments have been made, every payment is to be first applied to keep down the interest ; but the interest is never allowed to form a part of the principal,...give compound interest, which the law does not allow. To avoid this, the following rule has been adopted : — Compute the interest on the principal sum,...

A simple method of keeping books by double-entry: without the formula or ...

George Nixon Comer - 1850 - 104 σελίδες
...by which every payment is first applied to keep down the interest ; but the interest is never (Mowed to form, a part of the "principal, so as to carry interest. Compute the interest on the principal sum, from the time when the interest commenced to the first time...

Arithmetic, Practically Applied ...

Horace Mann - 1851
...payments have been made, every payment is to be first appropriated to keep down the interest ; but the interest is never allowed to form a part of the principal, so as to carry interest. 27 Mass. R. 417; 1 Dall. 378. " When a partial payment exceeds the amount of interest due when it is...




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