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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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The Progressive Higher Arithmetic: For Schools, Academies, and Mercantile ...

Horatio Nelson Robinson - 1875 - 456 σελίδες
...the interest then due. II. " If the payment exceeds the interest the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the baiance of the principal remaining due III. ' If the payment be less than the interest the surplus...

Tiffany's Special Agent's and Adjusters' Assistant: Containing Numerous ...

Henry Stanton Tiffany - 1887 - 437 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 computed on the balance of the principal remaining due. If the payment is less than the interest, the surplus of interest must...

The Standard Arithmetic: For Schools of All Grades and for Business Purposes ..

James E. Ryan - 1877
...the interest then due. II. " If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of the principal remaining due. III. " If the payment be less than the interest, the surplus of interest...

Ray's New Higher Arithmetic: A Revised Edition of the Higher Arithmetic

Joseph Ray - 1880 - 408 σελίδες
...of the interest due. 2. "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. 3. "If the payment be less tlian the interest, the surplus of interest must not be taken to augment...

A New Complete Arithmetic: Uniting Oral and Written Exercises

Emerson Elbridge White - 1883 - 360 σελίδες
...payment EXCEEDS the interest, the surplus goes toward discharging the principal, and the subsequeitt interest is to be computed on the balance of principal...continues on the, former principal until the period ivhen the payments, taken together, exceed the interest due, and then the surplus is to be applied...

A New Complete Arithmetic: Uniting Oral and Written Exercises

Emerson Elbridge White - 1883 - 360 σελίδες
...of the interest then due. If the payment EXCEEDS the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be...not be taken to augment the principal, but interest continuen on the former principal until the period when the payments, taken together, exceed the interest...

The Northwestern Reporter, Τόμος 15

1883
...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...than the interest, the surplus of interest must not betaken to augment the principal; but interest continues on the former principal until the period when...

How to Become Quick at Figures: Comprising the Shortest, Quickest, and Best ...

D. M. Garrett - 1886 - 200 σελίδες
...then due. INTEREST. 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 the principal remaining due. III. — If the payment be less than the interest, the surplus of the...

How to Become Quick at Figures: Comprising the Shortest, Quickest, and Best ...

D. M. Garrett - 1886 - 200 σελίδες
...then due. INTEREST. 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 the principal remaining due. « III. — If the payment be less than the interest, the surplus of the...

The New Practical Arithmetic

Waite A. Schoemaker - 1887 - 404 σελίδες
...discharge of the interest due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be...continues on the former principal until the period 1rhen the payments, tal•en together, exceed the interest due, and then the surplus is to be applied...




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