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 the... Stoddard's Practical Arithmetic - Σελίδα 192των John Fair Stoddard - 1852 - 299 σελίδεςΠλήρης προβολή - Σχετικά με αυτό το βιβλίο
| Horatio Nelson Robinson - 1875 - 462 σελίδες
...States has decided that, I. " 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. II. " If the payment exceeds the interest the surplus goes towards discharging the principal, and the... | |
| Henry Stanton Tiffany - 1887 - 466 σελίδες
...20 Per cent, divide by 18 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 the subsequent interest... | |
| Joseph Ray - 1877 - 402 σελίδες
...United States, in reference to Partial Payments, is as follows: " When partial payments have been made, apply the payment, in the first place, to the discharge of the interest then due. " If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest... | |
| Joseph Ray - 1880 - 420 σελίδες
...Rule:" US Rule. — 1. " 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 due. 2. "If the payment exceeds the interest, the surplus goes towards discharging the principal, and... | |
| Emerson Elbridge White - 1883 - 368 σελίδες
...Supreme Court of the United States, is called the UNITED STATES RULE. partial payments have been made, apply the payment, in the first place, to the discharge of the interest then due. If the payment EXCEEDS the interest, the surplus goes toward discharging the principal, and the subsequent interest... | |
| 1883 - 994 σελίδες
...rule for computing interest as follows: "When partial payments have been made, the payment is to apply 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 the subsequent interest... | |
| 1891 - 1158 σελίδες
...Chancellor KENT, in State v. Jackson, 1 Johns. Ch. 13, "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 towads discharging the principal, and the subsequent interest... | |
| D. M. Garret - 1886 - 202 σελίδες
...United States Eule. I. — 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. INTEREST. II. — If the payment exceeds the interest, the surplus goes towards discharging the principal,... | |
| D. M. Garrett - 1886 - 210 σελίδες
...United States Rule. I. — 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. INTEREST. II. — If the payment exceeds the interest, the surplus goes towards discharging the principal,... | |
| Waite A. Schoemaker - 1887 - 454 σελίδες
...by the United States Rule. The rule for easting interest when partial payments have been made is to apply the payment, in the first place, to the discharge of the interest due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the... | |
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