 | Leonard Pierce - 1823 - 170 σελίδες
...the following manner, as established by the courts of law in Massachusetts : "Cast up the interest to the time of the first payment, and if the payment exceed the interest, deduct the excess from the principal, and cast the interest upon the remainder to the... | |
 | William Slocomb - 1828 - 160 σελίδες
...interest, on which partial payments have, at different times, been made. — Some calculate the interest up to the time of the first payment, and if the payment exceed the interest, deduct the excess from the principal, and then again to the time of the second payment,... | |
 | Zadock Thompson - 1828 - 238 σελίδες
...would in time he extinguished hy the payment of the interest annually. II. Compute the interest up to the time of the first payment, and if the payment exceed the interest, deduct the excess from the principal, and cast the interest on the remainder up to the... | |
 | William Kinne - 1829 - 246 σελίδες
...Massachusetts, established the following more equitable Rule. — When there are endorsements, find the interest on the principal to the time of the first payment, add it to the principal, and from the sum subtract the payment then made; if the endorsement be not... | |
 | William Kinne - 1831 - 248 σελίδες
...of Massachusetts, established the following more equitahle Rule.—When there are endorsements, find the interest on the principal to the time of the first payment, add it to the principal, and from the sum subtract the payment then made ; if the endorsement be not... | |
 | Zadock Thompson - 1832 - 182 σελίδες
...would in time oe extinguished by the payment of the interest annually. II. Compute the interest up to the time of the first payment, and if the payment exceed the interest, deduct the excess from the principal, and cast the interest on the remainder up to the... | |
 | Charles Davies - 1833 - 284 σελίδες
...I. page 17,) for computing the interest on a bo"'' nr note, when partial payments have been made 18 same rule is also adopted in Massachusetts, and in...the payment : the remainder forms a new principal. II. But if the payment is less than the interest, take no notice of it until other payments are made,... | |
 | Charles Guilford Burnham - 1837 - 266 σελίδες
...following is the more general method, and is established by law in Massachusetts. Compute the interest up to the time of the first payment ; and if the payment exceed the interest, deduct the excess from the principal, and cast the interest on the remainder up to the... | |
 | Charles Davies - 1838 - 292 σελίδες
...Vol. I. page 17,) for computing the interest on a bond or note, when partial payments have been made. The same rule is also adopted in Massachusetts, and...the payment : the remainder forms a new principal. II. But if the payment is less than the interest, take no notice of it until other payments are made,... | |
 | Charles Guilford Burnham - 1841 - 324 σελίδες
...partial payments have been made. The following is, in substance, the RULE : Compute the interest up to the time of the first payment ; and if the payment exceed the interest, deduct the excess from the principal, and cast the interest on the remainder up to the... | |
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Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal and from the sum subtract the payment: the remainder forms a new principal. 
