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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
Πλήρης προβολή - Σχετικά με αυτό το βιβλίο

The Pacific Reporter, Τόμος 25

1891
...goes towads 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 New Practical Arithmetic

Waite A. Schoemaker - 1887 - 404 σελίδες
...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 be taken to augment the principal; but interest continues on the former principal...

City Court Reports

New York (State). Marine Court (New York), Daniel T. Robertson, Edward Jacobs - 1889
...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 be taken to augment the principal; but interest continues on the former principal...

Tiffany's Digest of Depreciations, with the Addition of Numerous Tables ...

Henry Stanton Tiffany - 1890 - 76 σελίδες
...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...balance of the principal remaining due. If the payment is less than the interest, the surplus of interest must not be taken to augment the principal; but...

The American State Reports: Containing the Cases of General Value ..., Τόμος 21

Abraham Clark Freeman - 1891
...When partial payments have been made, apply the payment, in the first place, to the discharging of the interest then due. If the payment exceeds the...the payment be less than the interest, the surplus of interest must not be taken to augment the principal, but the interest continues on the former principal...

The American State Reports: Containing the Cases of General Value ..., Τόμος 21

Abraham Clark Freeman - 1891
...When partial payments have been made, apply the payment, in the first place, to the discharging of the interest then due. If the payment exceeds the...of the principal remaining due. If the payment be lees than the interest, the surplus of interest must not be taken to augment the principal, but the...

The Northwestern Reporter, Τόμος 46

1891
...the interest, the surplus jjoes towards discharging the principal, and the subséquent interest ia to be computed on the balance of the principal remaining...the payment be less than the interest, the surplus of interest must not be taken to augment the principal, but the Interest continues on the former principal...

A Treatise on the Law of Mortgages of Real Property, Τόμος 1

Leonard Augustus Jones - 1894
...International Bunk, 80 I1l. 96. Blake, 16 Neb. 12, 19 NW Rep. 780; See, also, Leonard c. Villars, 23 11l. 377. balance of the principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal, but the interest continues on the former principal...

Robinson's New Higher Arithmetic: For High Schools, Academies, and ...

Horatio Nelson Robinson - 1895 - 506 σελίδες
...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...balance of the principal remaining due. " If the payment is less than the interest the snrplus of interest must not be taken to augment the principal, but the...

The American State Reports: Containing the Cases of General Value ..., Τόμος 56

Abraham Clark Freeman - 1897
...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 be taken to augment the principal; but interest continues on the former principal...




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