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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... "
A New and Complete System of Arithmetick: Composed for the Use of the ... - Σελίδα 265
των Nicolas Pike - 1832 - 528 σελίδες
Πλήρης προβολή - Σχετικά με αυτό το βιβλίο

Digest of the Decisions of the Supreme Court of Oregon: Vol. 72-90 ..., Τόμος 3

1919 - 832 σελίδες
...the surplus goes toward discharging the principal, and the subsequent interest is to be computed on a balance of principal remaining due. 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...

Burgess' Commercial Law: A Text Book for All Classes of Schools and Colleges ...

Kenneth Farwell Burgess, James A. Lyons - 1921 - 412 σελίδες
...towards discharging the principal and the subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than the interest, the surplus of the interest must not be taken to increase the principal; but interest continues on the former principal...

The New York Supplement, Τόμος 205

1924 - 1064 σελίδες
...exceeds the interest, the surplus goes towards discharging the principal and the subsequent interest is to be computed on the balance of principal remaining...but interest continues on the former principal until a period when the payments, taken together, exceed the interest due, and then the surplus is to be...

The Pacific Reporter, Τόμος 221

1924 - 1208 σελίδες
...exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining...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...

Reports of Cases Argued and Decided in the Supreme Court of the ..., Βιβλίο 10

United States. Supreme Court - 1883 - 1186 σελίδες
...subsequent interest is to be computed on the balance of principal remaining duo. If the payment is less than the interest, the surplus of interest must...principal ; but interest continues on the former principal un100 I til the period when the payments, taken together* exceed the interest due, and then the surplus...

Reports of Cases Decided in the Supreme Court of the State of ..., Τόμος 41

North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - 1921 - 758 σελίδες
...exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining...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...

American law reports annotated, Τόμος 37

1925 - 1624 σελίδες
...exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining...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...

Reports of Cases Argued and Determined in the Supreme Court of the ..., Τόμος 58

Wisconsin. Supreme Court, Abram Daniel Smith, Philip Loring Spooner, Obadiah Milton Conover, Frederic King Conover, Frederick William Arthur, Frederick C. Seibold - 1884 - 768 σελίδες
...exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining...to augment the principal, but interest continues on Case vs. Fish and others. the former principal until the period when the payments, taken together,...

Reports of the Tax Court of the United States, Τόμος 2

United States. Tax Court - 1944 - 1254 σελίδες
...towards discharging the principal, and the subsequent Interest is to be computed on the balance of the principal remaining due. If the payment be less than...interest must not be taken to augment the principal, but the interest continues on the former principal until the period when the payments, taken together,...

Practical Arithmetic, by Induction and Analysis

Joseph Ray - 1857 - 340 σελίδες
...payment exceeds the Int., the surplus goes toward discharging the principal, and the subsequent Int. is to be computed on the balance of principal remaining due. " If the payment be less than the Int., the surplus of Int. must not be taken to augment the principal, but Int continues on the former...




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