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" If the payment be less than the interest, the surplus of 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... "
Higher Arithmetic: Or, The Science and Application of Numbers; Combining the ... - Σελίδα 259
των James Bates Thomson - 1847 - 422 σελίδες
Πλήρης προβολή - Σχετικά με αυτό το βιβλίο

A Digest of the Cases Decided and Reported in the Supreme Court of ...

William Johnson - 1837 - 678 σελίδες
...the discharge of the interest then due. If the payment exceeds the interest, the surplus ¡гоез towards discharging the principal ; and the subsequent...computed on the balance of principal remaining •due. If the payment be less [ »285 ; than the interest, the surplus interest must not be added to the principal...

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

George Willson - 1838 - 194 σελίδες
...casting interest is, to " apply the payment in the first place to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes...computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to zugmcnt the...

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

George Willson - 1838 - 194 σελίδες
...casting interest is, to " apply the payment in the first place to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes...principal, and the subsequent interest is to be computed fin the balance of principal remaining due. If the payment be less than the interest, the surplus of...

The North American Review, Τόμος 49

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1839 - 572 σελίδες
...been made, is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes...computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the...

The North American Arithmetic: For Advanced Scholars. part third

Frederick Emerson - 1839 - 300 σελίδες
...been made, is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes...computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the...

The North American Review, Τόμος 49

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1839 - 536 σελίδες
...been made, is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes...computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the...

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

Richard W. Green - 1840 - 300 σελίδες
...payments have been made. Apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes...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,...

A Treatise on the Civil Jurisdiction of Justices of the Peace in ..., Μέρος 2

Esek Cowen - 1841 - 698 σελίδες
...been made, is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes...computed on the 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,...

Higher Arithmetic: Designed for the Use of High Schools, Academies, and Colleges

George Roberts Perkins - 1841 - 274 σελίδες
...in the first place, to the discharge of the interest then due. If the payment exceed the in. lerest, the surplus goes towards discharging the principal,...computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the...

Arithmetic: As Taught in the Troy Episcopal Institute

W. F. Walker - 1841 - 246 σελίδες
...casting interest is, to "apply the payment in the first place to the discharge of the interest then due. If the .payment exceeds the interest, the surplus...principal, and the subsequent interest is to be computed on th& balance of principal remaining due. If the payment be less than the interest, the surplus of interest...




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