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" If the payment be less than the interest, 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, taken together, exceed the interest due... "
Merchants' Magazine and Commercial Review - Σελίδα 172
των Freeman Hunt, William B. Dana - 1852
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A Practical and Theoretical System of Arithmetic: Containing Several New ...

George Willson - 1838 - 192 σελίδες
...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...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...

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

George Willson - 1838
...the surplus goes towards discharging the principal, and the subsequent interest is to be computed fin the balance of principal remaining due. If the payment...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...

The North American Arithmetic: Part Third, for Advanced Scholars

Frederick Emerson - 1839 - 288 σελίδες
...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...be less than the interest, the surplus of interest muat not be taken to augment the principal; but interest continues on the former principal until the...

The North American Arithmetic: part third

Frederick Emerson - 1840
...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...be less than the interest, the surplus of interest mu.it not be taken to augment the principal; but interest continues on the former principal until the...

An Arithmetical Guide: In which the Principles of Numbers are Inductively ...

Richard W. Green - 1840 - 288 σελίδες
...of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal ; and the subsequent interest is to...computed on the balance of principal remaining due. But, if the payment be less than the interest, the interest must continue on the former principal,...

Ruger's Arithmetick, with Questions and Answers: A New System of Arithmetick ...

William Ruger - 1841 - 263 σελίδες
...then due. If the payment ejcee-ls the interest, the surplus goes towards discharging the-principal, and the subsequent interest is to be computed on the...on the former principal until the period When the pSynlents, taken together, exceed the interest due, and then the surplus is to be applied towards discharging...

Arithmetic: As Taught in the Troy Episcopal Institute

W. F. Walker - 1841 - 231 σελίδες
...surplus goes towards discharging the principal, and the subsequent interest is to be computed on th& balance of principal remaining due. If the payment...taken to augment the principal; but interest continues ons the former principal, until the period when the payments taken together exceed the interest due,...

A treatise on the civil jurisdiction of justices of the peace in ..., Τόμος 2

Esek Cowen - 1841
...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...balance of principal remaining due. If the payment be (o) 7 Wen. 109,112. 11 id. 477. 20 (r) 1 RS 761, §9, 10;andvid. id. 51. ant«, 194, 262, 3. (p) 2...

A Treatise on the Law of Usury ; to which are Added, the Statutes of the ...

Jeremiah W. Blydenburgh - 1844 - 322 σελίδες
...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...the payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until...

Practical Arithmetic: Uniting the Inductive with the Synthetic ..., Βιβλίο 5

James Bates Thomson - 1846 - 348 σελίδες
...interest then dzie. II. " 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 due. III. " If the payment be less than the interest, the surplus of interest must not be taken to augment...




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