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" Compute the interest on the principal sum, from the time when the interest commenced, to the first time when a payment was made, which exceeds, either alone, or in conjunction with the preceding payments, if any, the interest at that time due ; add that... "
Tables of Interest and Discount: And Business Man's Assistant; Showing the ... - Σελίδα 26
των Nicholas Harris - 1840 - 112 σελίδες
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The National Arithmetic on the Inductive System: Combining the Analytic and ...

Benjamin Greenleaf - 1853 - 360 σελίδες
...adopted for estimating interest on notes and bonds, when partial payments have been made. RULE. — Compute the interest on the principal sum, from the...first time when a payment was made, which exceeds, cither alone or in conjunction with the preceding payments, if any, the interest at that time due ;...

Indroduction to the National Arithmetic ...

Benjamin Greenleaf - 1854
...notes and bonds, when partial payments have been made. QUESTION.— Explain the operation. RULE. — Compute the interest on the principal sum, from the time when the interest commenced to the time when the first payment was made which exceeds, either alone or in conjunction with the preceding...

A Simple Method of Keeping Books: By Double-entry

George Nixon Comer - 1859 - 103 σελίδες
...interest ; but the interest is never allowed to form a part of the principal, so as to carry interest. Compute the interest on the principal sum, from the...or in conjunction with the preceding payments, if nny, the interest at that time due ; add that interest to the principal, and 85 from the sum subtract...

Massachusetts Reports: Cases Argued and Determined in the Supreme ..., Τόμος 17

Massachusetts. Supreme Judicial Court - 1864
...but the interest is never allowed to form a part [ * 418 ] of the principal, so as to carry interest. Compute the interest on the principal sum, from the...the principal, and from the sum subtract the payment made at that time, together with the preceding payments, if any ; and the remainder forms a new principal,...

Book-keeping Rationalized: Adapted to All Kinds of Business, -personal and ...

George Nixon Comer - 1873 - 168 σελίδες
...bnt the interest is never allowed to form a part of the principal so as to carry interest. Compnte the interest on the principal sum, from the time when...the principal, and from the sum subtract the payment made at that time, together with the preceding payments, if any, and the remainder forme a new principal,...

A Treatise on the Law of Promissory Notes and Bills of Exchange, Τόμος 2

Theophilus Parsons - 1873
...Kennon r. Dickens, 1 Taylor, 2.'il ; Talliaferro ». Kim/, 9 Dana, 331. (q) The rule is thus stated : " Compute the interest on the principal sum from the...with the preceding payments, if any, the interest at thai time due ; add that interest to the principal, and from the sum subtract the payment made at that...

A Treatise on the Law of Promissory Notes and Bills of Exchange, Τόμος 2

Theophilus Parsons - 1876
...Kennon v. Dickens, 1 Taylor, 231 ; Talliaferro v. King, 9 Dana, 331. (c) The rule is thus stated : " Compute the interest on the principal sum from the...the principal, and from the sum subtract the payment made at that time, together with the preceding payments, if any, and the remainder forms a new principal,...

A Treatise Upon Some of the General Principles of the Law: Whether ..., Τόμος 4

William Wait - 1878
...partial payments have been made on a note, or other claim bearing interest, interest is to be computed on the principal sum from the time when the interest...commenced, to the first time when a payment was made, which alone, or taken in conjunction with preceding payments, if any, exceeds the interest at that time due....

West Coast Reporter ...: Containing All the Decisions as Fast as ..., Τόμος 4

1884
...indebtedness, and the rule is stated as follows: "Compute the interest on the principal sum from tho time when the interest commenced to the first time...the principal, and from the sum subtract the payment made at that time, together with the preceding payments, if any, and the remainder forms a new principal,...

The Pacific Reporter, Τόμος 4

1884
...each year, instead of at the end of the life of tlie bonds; that the rule of settlement should be to "compute the interest on the principal sum from the time when the interest commenced, to the time of the first payment in each case, then settle; deduct the excess of interest due to Livingston...




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