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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... "
Rainey's Improved Abacus: An Explanatory Treatise on the Theory and Practice ... - Σελίδα 45
των Thomas Rainey - 1849 - 312 σελίδες
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An historical treatise on the practice of the Court of Chancery of the State ...

Dominick T. Blake - 1818 - 650 σελίδες
...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...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 - 532 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...together, exceed the interest due. and then the surplus is W be applied towards discharging the principal ; and interest is to be computed on the balance of principal...

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

Nicolas Pike - 1822 - 532 σελίδες
...interest, the MMplus of interest must not be taken to augment the principal ; but interest continues on the former principal until the period when the payments,...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 - 532 σελίδες
...taken to augment the principal; but interest 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 towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid."...

The office and duties of masters in chancery and practice in the master's ...

Murray Hoffman - 1824 - 437 σελίδες
...interest, the surplus interest. must not be taken to augment the principal, but the interest continues on the former principal, until the period when the payments...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....

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

Lyman Cobb - 1832 - 216 σελίδες
...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,...principal, and interest is to be computed on the balance of principal as aforesaid." The following Rule was established by the Superiour Court of Massachusetts...

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

Nicolas Pike - 1832 - 528 σελίδες
...imprest, the surplus of interest must not betaken to augment the principal; but interest continues on the former principal until the period when the payments,...principal ; and interest is to be computed on the balance of principal as aforesaid." [Johnson's Chancery Reports, Vol. I. page 17.] This Rule contains the following...

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

William Ruger - 1832 - 263 σελίδες
...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,...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."...

The North American arithmetic: Part third, for advanced scholars, Μέρος 3

Frederick Emerson - 1834 - 288 σελίδες
...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,...interest due, and then the surplus is to be applied towards discharging the principal; and interest is to be Computed on the balance, as aforesaid." The...

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

John Preston - 1834 - 297 σελίδες
...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,...interest due, and then the surplus is to be applied towards discharging the principal ; and interestjs to be computed on the balance of principal as aforesaid."...




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