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

Isaac A. Clark - 1846 - 204 σελίδες
...interest, the surplus 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 then di.e, and then the surplus goes towards discharging the debt. The interest is computed on the...

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

James Bates Thomson - 1847 - 426 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." Note.—...

The American Arithmetic

James Robinson (of Boston.) - 1847 - 304 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." 83....

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 due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance as aforesaid. EXAMPLES....

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

Florida. Supreme Court - 1848 - 786 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;"...

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

James Bates Thomson - 1848 - 434 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 discJiarging the principal ; and interest is to be computed on the balance as aforesaid." Note....

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

George Roberts Perkins - 1849 - 346 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...

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

George Roberts Perkins - 1849 - 344 σελίδες
...payments, taken together, equal or 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 aforesaid" UTICA, May 16, 1839. 1. For value received, I promise to pay AB, or order, three hundred and twenty...

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

George Roberts Perkins - 1849 - 356 σελίδες
...interest continues 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 towards discharging the principal , and interest is to be computed on the balance, as aforesaid." UTICA,...

An Elementary Arithmetic Serving as an Introduction to the Higher Arithmetic

George Roberts Perkins - 1850 - 364 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...




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