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" 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 is to be applied towards discharging... "
The Prussian Calculator: By which All Business Calculations are Performed by ... - Σελίδα 38
των Isaac A. Clark - 1846 - 191 σελίδες
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Stoddard's Practical Arithmetic

John Fair Stoddard - 1852 - 299 σελίδες
...place, to the discharge of the interest then due. ~ If the payment exceed the interest, the surplus gnex towards discharging the principal, and the subsequent...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...

Merchants' Magazine and Commercial Review, Τόμος 27

Freeman Hunt, William B. Dana - 1852
...goes toward discharging the 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 of interest must not bo taken to augment the principal ; but interest continues on the former principal...

A Theoretical and Practical Arithmetic: Designed for Common Schools and ...

Daniel Leach - 1853
...towards discharging the 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 must not be taken to augment the principal; but interest continues on the former principal until the...

A Practical and Theoretical Arithmetic: Designed for the Use of Schools and ...

Charles D. Lawrence - 1854 - 310 σελίδες
...towards discharging the 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 of interest must not be taken to augment the principal ; but interest continues on the former principal...

An Elementary Arithmetic Designed for Academies and Schools: Also Serving as ...

George Roberts Perkins - 1855 - 347 σελίδες
...towards discharging the 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 of interest must not be taken to augment the principal ; but interest continues on the former principal...

A Treatise on Arithmetic ...

Noble Heath - 1855 - 455 σελίδες
...towards discharging the 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 of interest must not be taken to augment the principal ; but interest continues on the former principal...

The American Philosophical Arithmetic: Designed for the Use of Advanced ...

John Fair Stoddard - 1856 - 292 σελίδες
...the first place, to the discharge of the interest then due. If the payment exceed the interest, tht surplus goes towards discharging the principal, and...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...

The merchants', students' and clerks' manual

James Robinson - 1856 - 93 σελίδες
...towards discharging the 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 of interest must not be taken to augment the principal ; but interest continues on the former principal...

A Treatise on Arithmetic: Through which the Entire Science Can be Most ...

Noble Heath - 1856 - 455 σελίδες
...towards discharging the 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 of interest must not be taken to augment the principal ; but interest continues on the former principal...

The Common-school Arithmetic: Designed for Learners of Every Class; and ...

Pliny Earle Chase - 1857 - 319 σελίδες
...towards discharging the 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 of the interest must not be taken to augment the principal ; but interest continues on the former principal...




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