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" If the payment be less than the interest, the surplus of interest must not be taken to augment the principal; but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus... "
Teachers' Manual for Teachers Using Arithmetic by Grades - Σελίδα 149
των John Tilden Prince - 1894
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An Historical Treatise on the Practice of the Court of Chancery of the State ...

Dominick T. Blake - 1818 - 706 σελίδες
...principal, and compute interest upon the balance of principal remaining due, to the next payment. If the payment be less than the interest, the surplus of...interest due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid....

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1822 - 536 σελίδες
...computed on the balance of principal remaining due. If the payment be less than the interest, the MMplus of interest must not be taken to augment the principal...interest due. and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance of principal as albresaid."...

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1822 - 562 σελίδες
...interest is to be computed on the balance of principal remaining due. If the payment be less than tin- interest, the surplus of interest must not be taken...continues on the former principal until the period whett the payments, taken together, exceed the interest due, and then the surplus is to be applied...

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 538 σελίδες
...principal, anJ the Subsequent interest is to be computed on the balance of principal remaining due. 'If the payment be less than the interest, the surplus of...to augment the principal ; but interest continues en the former principal until the period when the payments, taken together, exceed the interest due....

The Office and Duties of Masters in Chancery and Practice in the Master's ...

Murray Hoffman - 1824 - 472 σελίδες
...IB-IS than the interest, the surplus interest. must not be taken to augment the principal, but the interest continues on the former principal, until...interest due ; and then the surplus is to be applied towards discharging the principal. In Stoughton v. Lynch, the subject was brought before him 2 johni....

Reports of Cases Adjudged in the Court of Chancery of New-York ..., Τόμος 7

New York (State). Court of Chancery, William Johnson - 1824 - 748 σελίδες
...payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until...interest due. and then the surplus is to be applied towards discharging the principal, and the interest afterwards computed on the balance of principal....

Cobb's Explanatory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - 1832 - 228 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of...is to be applied toward discharging the principal, and interest is to be computed on the balance of principal as aforesaid." The following Rule was established...

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 540 σελίδες
...principal, and the subsequent isterest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of...is to be applied toward discharging the principal ; and interest is to be computed on the balance of principal as aforesaid." [Johnson's Chancery Reports,...

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

William Ruger - 1832 - 282 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the Interest, the surplus of...Interest due, and then the surplus is to be applied towards discharging the principal; and Interest is to be computed on the balance of principal as aforesaid."...

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 544 σελίδες
...principal remaining due. If the payment be less than the imprest, the surplus of interest must not betaken to augment the principal; but interest continues on...is to be applied toward discharging the principal ; and interest is to be computed on the balance of principal as aforesaid." [Johnson's Chancery Reports,...




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