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

John Fair Stoddard - 1856 - 292 σελίδες
...the 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;...then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid." $860. BETHANY, Sept....

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

Noble Heath - 1856 - 455 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...then the surplus is to be applied towards discharging the principal, and interest is to be computed on the balance, as aforesaid." NEW TOTIK, July 8, 1850....

The North American Arithmetic: Part Third, for Advanced Scholars

Frederick Emerson - 1834 - 328 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;...but interest continues on the former principal until 4he period when the payments, taken together, exceed the interest due, and then the surplus is to be...

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

Pliny Earle Chase - 1857 - 319 σελίδες
...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...then the surplus is to be applied towards discharging the principal, and interest is to be computed on the balance as aforesaid." Interest is generally considered...

A Theoretical and Practical Arithmetic ...

Daniel Leach - 1857
...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...exceed the interest due, and then the surplus is to be dpplied towards discharging the principal, and interest is to be computed on the^alance, as aforesaid."...

Digest of the laws of California: containing all laws of a general character ...

William H. R. Wood - 1857 - 820 σελίδες
...on the balance of the principal remaining. If the payment be less than the interest, the surplus of x ! Backus v. Minor, 3 Cal. '¿31. 6. Where an account has been stated by plaintiff, charging Interest...

Practical Arithmetic, by Induction and Analysis, Βιβλίο 3

Joseph Ray - 1857 - 320 σελίδες
...payment be less than the Int., the surplus of Int. must not be taken to augment the principal, but Int. continues on the former principal, until the period when the payments, taken it/aether, exceed the Int. due, and then the surplus is to be applied toward discharging the principal;...

Normal Arithmetic: A Text-book, Theoretical and Practical, in Six Parts ...

Silas Lawrence Loomis - 1859 - 300 σελίδες
...of the principal remaining due." III. "If the payment be less than the interest, the surplus of the interest must not be taken to augment the principal,...then the surplus is to be applied towards discharging the principal, and the interest is to be computed on the balance as aforesaid." — Chancellor Kent....

Higher Arithmetic : Or, The Science and Application of Numbers ..., Βιβλίο 6

James Bates Thomson - 1860 - 422 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...the surplus is to be applied towards .discharging the principal ; and interest it to be computed on the balance as aforesaid." Note. — The above rule...

Mortgages in California: A Practical Essay

James De Fremery - 1860 - 92 σελίδες
...of the principal sum remaining unpaid. If the payment be less than the interest due, the surplus of interest must not be taken to augment the principal,...payments, taken together, exceed the interest due. Connecticut v. Jackson, 1 Johns. Chan. Rep. p. 13. This rule prevails unless changed by agreement of...




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