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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... "
Rainey's Improved Abacus: An Explanatory Treatise on the Theory and Practice ... - Σελίδα 45
των Thomas Rainey - 1849 - 312 σελίδες
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The North American Arithmetic: Part Third, for Advanced Scholars

Frederick Emerson - 1835 - 300 σελίδες
...the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal; and interest is to be computed on the balance, as ajoresaid." The interest on the following notes, must be computed by the above legal rule. * (116.)...

Cobb's Explantory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - 1836 - 228 σελίδες
...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,...the surplus is to be applied toward discharging the princ:;"-,'. inrt interest is to be computed on the balance of principal as aforesaid." The following...

Reports of Cases Argued and Determined in the Supreme Court of Judicature of ...

Indiana. Supreme Court, Isaac Newton Blackford - 1836 - 550 σελίδες
...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,...interest due, and then the surplus is to be applied towards discharging the principal; and interest is to be computed on the balance of principal as aforesaid."...

A Practical and Theoretical System of Arithmetic...: Also, a Treatise on ...

George Willson - 1836 - 202 σελίδες
...interest continues on the former mncipal, until the period when the payments taken together t xceed the interest due, and then the surplus is to be applied...discharging the principal ; and interest is to be com, uted on the balance, as aforesaid." RULE. Compute the interest to the date of the first pay.nent...

The Common School Arithmetic ...: To which is Added a Dictionary of ...

Peirpont Edward Bates Botham - 1837 - 252 σελίδες
...Int., the surplus of interest must not be taken ti augment the principal, but interest continues on the former principal until the period when the payments,...interest due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid/i...

A Digest of the Cases Decided and Reported in the Supreme Court of ...

William Johnson - 1837 - 678 σελίδες
...the interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until the period when the payments,...exceed the interest due, and then the surplus is to l>e applied towards discharging the principal, and the interest afterwards com283 285 puled on the...

The North American Review, Τόμος 49

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1839 - 536 σελίδες
...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,...interest due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid." Thus...

The North American Review, Τόμος 49

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1839 - 572 σελίδες
...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,...interest due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid." Thus...

The North American Arithmetic: For Advanced Scholars. part third

Frederick Emerson - 1839 - 300 σελίδες
...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,...interest due, and then the surplus is to be applied towards discharging the principal; and interest is to be computed on the balance, as aforesaid.'" The...

Arithmetic: As Taught in the Troy Episcopal Institute

W. F. Walker - 1841 - 246 σελίδες
...interest, the surplus of interest must not be taken to augment the principal; but interest continues ons the former principal, until the period when the payments...interest due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid'."...




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