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" If the payment be less than the interest, the surplus of the 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... "
Merchants' Magazine and Commercial Review - Σελίδα 172
των Freeman Hunt, William B. Dana - 1852
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 532 σελίδες
...interest Ihon duo. If the payment exceeds the inthe surplus goes t .wards discharging the principal, anJ the Subsequent interest is to be computed on the balance...to augment the principal ; but interest continues en the former principal until the period when the payments, taken together, exceed the interest due....

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

Nicolas Pike - 1822 - 532 σελίδες
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, aud the subsequent interest is to be computed on the balance...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...

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

Nicolas Pike - 1822 - 532 σελίδες
...of the interest then due. If the payment exceeds the interest, the surplus goes to wan!? discharging the principal . and the subsequent interest is to...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...

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

William Johnson - 1824
...of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal ; and the subsequent interest is to...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 office and duties of masters in chancery and practice in the master's ...

Murray Hoffman - 1824 - 437 σελίδες
...of the interest then due. If tho payment exceeds the interest, the surplus goei towards discharging the principal, and the subsequent interest is to be computed on the balance of principal due. If the payment be IB-IS than the interest, the surplus interest. must not be taken to augment...

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

Nicolas Pike - 1832 - 528 σελίδες
...of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be...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...

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

William Ruger - 1836 - 263 σελίδες
...of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be...interest, the surplus of interest must not be taken to angmeat the principal, but interest continues on the former principal until the period when the payments,...

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

George Willson - 1836 - 192 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...the principal; but interest continues on the former mncipal, until the period when the payments taken together t xceed the interest due, and then the surplus...

A Digest of the Cases Decided and Reported in the Supreme Court of ..., Τόμος 2

William Johnson - 1837
...interest then due. If the payment exceeds the interest, the surplus ¡гоез towards discharging the principal ; and the subsequent interest is to...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...

The Common School Arithmetic ...: To which is Added a Dictionary of ...

P. E. Bates Botham - 1837 - 238 σελίδες
...of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be...balance of principal remaining due. If the payment be lesa than the Int., the surplus of interest must not be taken ti augment the principal, but interest...




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