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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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A New Practical and Theoretical Arithmetic: In which in Addition to the ...

Horatio Nelson Robinson - 1845 - 310 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 toward discharging^the principal ; and...

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

George Roberts Perkins - 1846 - 266 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...

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

Isaac A. Clark - 1846 - 218 σελίδες
...CHANCELLOR KENT, is to apply the payment in the first place to the interest then due. If the payment exceeds the interest, the surplus goes towards discharging...the payment be less than the interest, the surplus interest must not be taken to augment the principal; but interest continues on the former principal...

Practical Arithmetic, Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - 1846 - 354 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. III. If the payment be less than the interest, the surplus...until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal ;...

Practical Arithmetic, Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - 1846 - 402 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. III. If the payment be less than the interest, the surplus...until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal ;...

Practical Arithmetic, Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - 1846 - 362 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. III. " If the payment be less than the interest, the surplus...continues on the former principal until the period lehen the payments, taken together, exceed the interest due, and then the surplus is to be applied...

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

Isaac A. Clark - 1846 - 204 σελίδες
...the balance of the principal remaining due. If the payment be leas t han the interest, the surplus interest must not be taken to augment the 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...

The American Arithmetic

James Robinson (of Boston.) - 1847 - 304 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...until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal ;...

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

James Bates Thomson - 1847 - 426 σελίδες
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. III. " If the payment be less than the interest, the surplus...until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal ;...

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

Florida. Supreme Court - 1848 - 786 σελίδες
...the discharge of the interest then due. If the payment exceeds the interst, the surplus goes toward discharging the principal ; and the subsequent interest...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...




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