 | James Bates Thomson - 1860 - 440 σελίδες
...due. II. " If tJte payment exceeds Ike interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. III. " If the payment be less than the interest, the surplus of interest must not be taken to augment... | |
 | David Price Belknap - 1860 - 778 σελίδες
...then due ; if the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of the principal remaining. If the payment be less than the interest, the surplus of interest must not... | |
 | James De Fremery - 1860 - 118 σελίδες
...then due; if the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of the principal sum remaining unpaid. If the payment be less than the interest due, the surplus of interest... | |
 | Horatio Nelson Robinson - 1860 - 444 σελίδες
...due. II. " If the payment exceeds the interest the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of the principal remaining due. III. '' If the payment be less than the interest the surplus of the interest... | |
 | Emerson Elbridge White - 1861 - 348 σελίδες
...then due ; if the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the...on the former principal until the period when the payments taken together equal or exceed the interest due, and then the surplus is to be applied toward... | |
 | James Bates Thomson - 1862 - 436 σελίδες
...balance of principal remaining due. III., " If the payment be less than the interest, the surplus nj interest must not be taken to augment the principal...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... | |
 | Benjamin Vaughan Abbott, Austin Abbott - 1864 - 790 σελίδες
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the...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... | |
 | Alonzo Christopher Paige - 1864 - 828 σελίδες
...interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the...the payment be less than the interest, the surplus interest must not be taken to augment tha principal ; but interest continues on the former principal... | |
 | Benjamin Vaughan Abbott, Austin Abbott - 1864 - 808 σελίδες
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the...balance of principal remaining due. If the payment is less than the interest, the surplus of interest must not be taken to augment the principal; but... | |
 | George Roberts Perkins - 1865 - 360 σελίδες
...interest, the surplus goes towards discharging the principal, and the subsequent interest is to le computed on the balance of principal remaining due....the interest, the surplus of interest must not be takcn to augment the principal ; but interest continues on the former principal until the period when... | |
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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 the... 
