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" The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. " If the payment exceeds the interest, the surplus goes towards discharging the principal, and... "
Cobb's Explantory Arithmetick, Number Two: Containing the Compound Rules ... - Σελίδα 159
των Lyman Cobb - 1836 - 216 σελίδες
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Higher Arithmetic: Or, The Science and Application of Numbers; Combining the ...

James Bates Thomson - 1847 - 426 σελίδες
...the Supreme Court of the United States, is the following. I. " The rule for casting interest, when partial payments have been made, is to apply the payment,...place, to the discharge of the interest then due. II. " If the payment exceeds the interest, the surplus goes towards discharging the principal, and...

Higher Arithmetic; Or, The Science and Application of Numbers: Combining the ...

James Bates Thomson - 1848 - 434 σελίδες
...the Supreme Court of the United States, is the following. I. " The rule for casting interest, when partial payments have been made, is to apply the payment,...place, to the discharge of the interest then due. II. " If the payment exceeds the interest, the surplus goes towards discharging the principal, and...

Cases Argued and Adjudged in the Supreme Court of Florida, Τόμος 2

Florida. Supreme Court - 1848 - 786 σελίδες
...rs. ORLOFF M. DORMAN, APPELLEE. When partial payments are made, the rule, with respect to interest, is to apply the payment in the first place to the discharge of the interest due at the time of payment. If the payment exceeds the interest, the surplus must be applied to the...

An Elemtary Arithmetic ...: Serving as an Introduction to the Higher ...

George Roberts Perkins - 1849 - 346 σελίδες
...the Supreme Court of the United States is as follows : RULE. " The rule for casting interest, when partial payments have been made, is to apply the payment,...discharge of the interest then due^- If the payment exceed the interest, tht surplus goes towards discharging the principal, and the subsequent interest...

Higher Arithmetic: Designed for the Use of High Schools, Academies, and ...

George Roberts Perkins - 1849 - 356 σελίδες
...given by CHANCELLOR KENT, in the New York Chancery Reports: RULE. " The Rule for casting interest, when partial payments have been made, is to apply the payment...discharge of the interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest...

Rainey's Improved Abacus: An Explanatory Treatise on the Theory and Practice ...

Thomas Rainey - 1849 - 334 σελίδες
...which are Massachusetts and New York: SUPREME COURT RULE. I. " The rule for casting interest, when partial payments have been made, is to apply the payment,...place, to the discharge of the interest then due. II. "If the payment exceeds the interest, the surplus goes toward discharging the principal ; and the...

Rainey's Improved Abacus: An Explanatory Treatise on the Theory and Practice ...

Thomas Rainey - 1849 - 320 σελίδες
...which are Massachusetts and New York: SUPREME COURT RULE. I. " The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the disc/large of the interest then due. II. " If the payment exceeds the interest, the surplus goes toward...

The Speedy Calculator: Being a System of Arithmetic

Benjamin Naylor - 1850 - 334 σελίδες
...payments have been made, expressed by Chancellor Kent as follows: The rule for casting interest, when partial payments have been made, is to apply the payment...the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of...

Higher Arithmetic: Designed for the Use of High Schools, Academies, and ...

George Roberts Perkins - 1850 - 356 σελίδες
...by CHANCELLOR KENT, in the New York Chancery Reports : RULE. " The Rule for casting interest, when partial payments have been made, is to apply the payment...discharge of the interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest...

An Elementary Arithmetic Serving as an Introduction to the Higher Arithmetic

George Roberts Perkins - 1850 - 364 σελίδες
...rule for casting interest, when partial payments have been made, is to apply the payment, in thejlrst place, to the discharge of the interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest...




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