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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... "
Common School Arithmetic on the Analytic System: With an Appendix of the ... - Σελίδα 245
των Shelton Palmer Sanford - 1872 - 373 σελίδες
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An Historical Treatise on the Practice of the Court of Chancery of the State ...

Dominick T. Blake - 1818 - 706 σελίδες
...the principal, and compute interest upon the balance of principal remaining due, to the next payment. If the payment be less than the interest, the surplus...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...

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

Nicolas Pike - 1822 - 562 σελίδες
...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 on the former principal until the period whett the payments, taken together, exceed...

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

Nicolas Pike - 1832 - 540 σελίδες
...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...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...

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

William Ruger - 1832 - 282 σελίδες
...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 taken to augment the principal, but Interest continues on the former principal until the period when the payments, taken together, exceed...

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

Lyman Cobb - 1832 - 228 σελίδες
...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 taken to augment the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed...

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

John Preston - 1834 - 312 σελίδες
...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 taken to augment the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed...

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

Frederick Emerson - 1834 - 300 σελίδες
...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 taken to augment the principal; but interest continues on the former principal until the period when the payments, taken together, exceed...

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

Lyman Cobb - 1836 - 228 σελίδες
...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...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...

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

Indiana. Supreme Court, Isaac Newton Blackford - 1836 - 550 σελίδες
...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 taken to augment the principal; but interest continues on the former principal until the period when the payments, taken together, exceed...

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

George Willson - 1836 - 202 σελίδες
...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...interest must not be taken to augment the principal; but interest continues on the former mncipal, until the period when the payments taken together t xceed...




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