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" 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 until the period when the payments, taken together, exceed the interest due, and then the surplus... "
Higher Arithmetic, Or, the Science and Application of Numbers: Combining the ... - Σελίδα 263
των James Bates Thomson - 1862 - 422 σελίδες
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Practical Arithmetic, Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - 1846 - 402 σελίδες
...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 the principal...then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid." Note. — The above rule...

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

George Roberts Perkins - 1846 - 266 σελίδες
...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...the surplus is to . be applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid. By whom was the above...

Practical Arithmetic, Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - 1846 - 354 σελίδες
...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 the principal...then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid)' Note. — The above rule...

The North American Arithmetic: Part Third, for Advanced Scholars

Frederick Emerson - 1846 - 318 σελίδες
...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;...payments, taken together, exceed ^ the interest due, unit then the surplus is to be appliedfowards discharging the principal; and interest is to be computed...

The Prussian Calculator: By which All Business Calculations are Performed by ...

Isaac A. Clark - 1846 - 204 σελίδες
...the balance of the principal remaining due. If the payment be leas t han the interest, the surplus interest must not be taken to augment the principal;...when the payments taken together exceed the interest then di.e, and then the surplus goes towards discharging the debt. The interest is computed on the...

Practical Arithmetic: Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - 1846 - 362 σελίδες
...balance of principal remaining due. III. " If the payment be less than the interest, the surplus of interest must not be taken to augment the principal...continues on the former principal until the period lehen the payments, taken together, exceed the interest due, and then the surplus is to be applied...

The Prussian Calculator: By which All Business Calculations are Performed by ...

Isaac A. Clark - 1846 - 218 σελίδες
...on the balance of the principal remaining due. If the payment be less than the interest, the surplus interest must not be taken to augment the principal;...interest continues on the former principal until the perioj when the payments taken together exceed the interest then di:e, and then the surplus goes towards...

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

James Bates Thomson - 1847 - 426 σελίδες
...balance of principal remaining due. III. " If the payment be less than the interest, the surplus of interest must not be taken to augment the principal...then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance as aforesaid." Note.— The above rule...

The American Arithmetic

James Robinson (of Boston.) - 1847 - 304 σελίδες
...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;...then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid." 83. $1250.00. Boston,...

The United States Arithmetic: Designed for Academies and Schools

William Vogdes - 1847 - 324 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. when the payments, taken together, exceed the interest...then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance as aforesaid. EXAMPLES. Philadelphia,...




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