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" ... apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining... "
Higher Arithmetic: Designed for the Use of High Schools, Academies, and ... - Σελίδα 134
των George Roberts Perkins - 1849 - 342 σελίδες
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The North American Arithmetic: Part Third, for Advanced Scholars, Τόμος 3

Frederick Emerson - 1834 - 300 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than...until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal; and...

Every Man His Own Teacher: Being an Introduction to Arithmetic, Whereby ...

John Preston - 1834 - 312 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than...until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal ;...

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

Lyman Cobb - 1836 - 228 σελίδες
...goes toward discharging the principal, nnd the subsequent interest is to be compiled on the balance of principal remaining due. If the payment be less than...until the period when the payments, taken together, exceed the interest due ; and then the surplus is to be applied toward discharging the princ:;"-,'....

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

Indiana. Supreme Court, Isaac Newton Blackford - 1836 - 550 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than...until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal; and...

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

George Willson - 1836 - 202 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed nn the balance of principal remaining due. If the payment be less than...the principal; but interest continues on the former mncipal, until the period when the payments taken together t xceed the interest due, and then the surplus...

A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - 1836 - 274 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than...interest, the surplus of interest must not be taken to angmeat the principal, but interest continues on the former principal until the period when the payments,...

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

Peirpont Edward Bates Botham - 1837 - 252 σελίδες
...principal remaining due. If the payment be lesa than the Int., the surplus of interest must not be taken ti augment the principal, but interest continues on the...until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal ;...

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

William Johnson - 1837 - 678 σελίδες
...less [ »285 ; than 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, taken together, exceed the interest due, and then the surplus is to l>e applied towards discharging the principal,...

A Practical and Theoretical System of Arithmetic: Containing a New System of ...

George Willson - 1838 - 194 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed fin the balance of principal remaining due. If the payment be less than...surplus of interest must not be taken to augment the p.-inc:pal ; but interest continues on the former principal, until the period when the payments taken...

A Practical and Theoretical System of Arithmetic: Containing Several New ...

George Willson - 1838 - 194 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than...interest, the surplus of interest must not be taken to zugmcnt the principal; but interest continues on the former irincipnl, until the period when the payments...




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