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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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A Practical and Theoretical Arithmetic: Designed for the Use of Schools and ...

Charles D. Lawrence - 1854 - 336 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 computed on the balance, as aforesaid." This rule...

A Treatise on Arithmetic ...

Noble Heath - 1855 - 468 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." NEW...

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

George Roberts Perkins - 1855 - 388 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...

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

John Fair Stoddard - 1856 - 312 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." $860....

The Merchants', Students' and Clerks' Manual

James Robinson - 1856 - 108 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 the interest is to be computed on the balance, as aforesaid."...

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

Noble Heath - 1856 - 472 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." NEW...

The North American Arithmetic: Part Third, for Advanced Scholars

Frederick Emerson - 1834 - 340 σελίδες
...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 applied towards discharging the principal; and interest is to be computed on the balance, as aforesaid." The...

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

Pliny Earle Chase - 1857 - 338 σελίδες
...the surplus of the 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." Interest...

A Theoretical and Practical Arithmetic ...

Daniel Leach - 1857 - 314 σελίδες
...than the interest, the surplus must not be taken to augment the principal; but interest continues on the former principal until the period when the payments,...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 - 834 σελίδες
...interest, the surplus of interest must not be taken to augment the principal, but interest continues on . Valentine & Son Backus v. Minor, 3 Cal. '¿31. 6. Where an account has been stated by plaintiff, charging Interest...




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