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" 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 is to be applied towards discharging... "
The Prussian Calculator: By which All Business Calculations are Performed by ... - Σελίδα 38
των Isaac A. Clark - 1846 - 191 σελίδες
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1822 - 532 σελίδες
...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 on the former...

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

William Johnson - 1824
...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 interest must not be added to the principal ; but the interest continues on the former principal, until the period when...

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

Nicolas Pike - 1832 - 528 σελίδες
...goes toward discharging the 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 interest must not be taken to augment the principal ; but interest continues on the former principal...

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

William Ruger - 1832 - 263 σελίδες
...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 on the former principal...

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

Lyman Cobb - 1832 - 216 σελίδες
...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 on the former principal...

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

John Preston - 1834 - 297 σελίδες
...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 on the former principal...

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

Frederick Emerson - 1834 - 288 σελίδες
...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 on the former principal...

A Practical and Theoretical System of Arithmetic: Containing Several New ...

George Willson - 1836 - 192 σελίδες
...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 on the former mncipal,...

Reports of Cases Argued and Determined in the Supreme Court of ..., Τόμος 3

Indiana. Supreme Court, Isaac Newton Blackford - 1836
...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 on the former principal...

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

Lyman Cobb - 1836 - 216 σελίδες
...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 on the former principal...




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