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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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Cases Argued and Adjudged in the Supreme Court of Florida, Τόμος 2

Florida. Supreme Court - 1848 - 786 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 of principal as aforesaid;" and this rule...

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

George Roberts Perkins - 1849 - 346 σελίδες
...on the balance of principal remaining due. If the payment le 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." The above rule has been...

Rainey's Improved Abacus: An Explanatory Treatise on the Theory and Practice ...

Thomas Rainey - 1849 - 334 σελίδες
...balance of the principal remaining due. III. " If the payment be less than the interest, the surplus of interest must not be taken to augment the principal...interest due, and then the surplus is to be applied toward discharging the principal ; and interest is to be computed on the balance as aforesaid." A....

Higher Arithmetic: Designed for the Use of High Schools, Academies, and ...

George Roberts Perkins - 1849 - 356 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;...until the period when the payments, taken together, equal or exceed the interest due, and then the surplus is to be applied towards discharging the principal...

Rainey's Improved Abacus: An Explanatory Treatise on the Theory and Practice ...

Thomas Rainey - 1849 - 320 σελίδες
...balance of the principal remaining due. III. "If the payment be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest continues en the former principal until the period when the payments, taken together, exceed the interest due,...

An Elementary Arithmetic Serving as an Introduction to the Higher Arithmetic

George Roberts Perkins - 1850 - 364 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." The above rule has been...

The Speedy Calculator: Being a System of Arithmetic

Benjamin Naylor - 1850 - 334 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. 1. $300. Philadelphia, May...

Higher Arithmetic: Designed for the Use of High Schools, Academies, and ...

George Roberts Perkins - 1850 - 356 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;...until the period when the payments, taken together, equal or exceed the interest due, and then the surplus is to be applied towards discharging the principal...

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

Daniel Leach - 1851 - 280 σελίδες
...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...then the surplus is to be applied towards discharging the principal, and interest is to be computed on the balance, as aforesaid" PROVIDENCE, April 12, 1840....

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

George Roberts Perkins - 1851 - 356 σελίδες
...principal remaining due. If the payment be less than the interest, the surplus of interest must not IK; taken to augment the principal; but interest continues...then the surplus is to be applied towards discharging the principal; and interest is to be computed on the balance, as aforesaid." The above rule has been...




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