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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... "
Practical Arithmetic, by Induction and Analysis - Σελίδα 221
των Joseph Ray - 1857 - 336 σελίδες
Πλήρης προβολή - Σχετικά με αυτό το βιβλίο

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

Nicolas Pike - 1822 - 536 σελίδες
...exceeds the interest, the surplus goes towards discharging the principal, aud the subsequent interest is to be 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 ; but interest continues...

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

Nicolas Pike - 1822 - 562 σελίδες
...exceeds the interest, the surplus goes to wan!? discharging the principal . and the subsequent 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 to augment the principal; but interest continues...

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

William Ruger - 1832 - 282 σελίδες
...exceeds the interest, the surplus goes towards discharging the 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 must not be taken to augment the principal, but Interest continues...

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

Lyman Cobb - 1832 - 228 σελίδες
...exceeds the interest, the surplus goes toward discharging the 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 must not be taken to augment the principal ; but interest continues...

The North American Arithmetic: Part Third, for Advanced Scholars, Τόμος 3

Frederick Emerson - 1834 - 300 σελίδες
...exceeds the interest, the surplus goes towards discharging the 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 must not be taken to augment the principal; but interest continues...

Every Man His Own Teacher: Being an Introduction to Arithmetic, Whereby ...

John Preston - 1834 - 312 σελίδες
...exceeds the interest, the surplus goes towards discharging the 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 must not be taken to augment the principal ; but interest continues...

Reports of Cases Argued and Determined in the Supreme Court of Judicature of ...

Indiana. Supreme Court, Isaac Newton Blackford - 1836 - 550 σελίδες
...exceeds the interest, the surplus goes towards discharging the 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 must not be taken to augment the principal; but interest continues...

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

Lyman Cobb - 1836 - 228 σελίδες
...interest, the surplus goes toward discharging the principal, nnd the subsequent interest is to be compiled on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest continues...

A Practical and Theoretical System of Arithmetic...: Also, a Treatise on ...

George Willson - 1836 - 202 σελίδες
...the surplus goes towards discharging the principal, and the subsequent interest is to be computed nn the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal; but interest continues...

A Digest of the Cases Decided and Reported in the Supreme Court of ...

William Johnson - 1837 - 678 σελίδες
...the interest, the surplus ¡гоез towards discharging the principal ; and the subsequent interest is to be computed on the balance of principal remaining •due. If the payment be less [ »285 ; than the interest, the surplus interest must not be added to the principal ; but the interest...




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