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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... "
Stoddard's Practical Arithmetic - Σελίδα 192
των John Fair Stoddard - 1852 - 299 σελίδες
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A Practical and Theoretical System of Arithmetic...: Also, a Treatise on ...

George Willson - 1836 - 202 σελίδες
...place to the discharge 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 nn the balance of principal remaining due. If the payment be less than the interest, the surplus of...

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 interest is to be computed on the balance of principal remaining •due. If the payment be less [ »285 ; than the interest, the surplus interest...

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Peirpont Edward Bates Botham - 1837 - 252 σελίδες
...place, to the discharge 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 principal remaining due. If the payment be lesa than the Int., the surplus of interest must not be...

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

George Willson - 1838 - 194 σελίδες
...place to the discharge 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 principal remaining due. If the payment be less than the interest, the surplus of interest must not...

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

George Willson - 1838 - 194 σελίδες
...place to the discharge 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 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 - 536 σελίδες
...place, to the discharge 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 principal remaining due. If the payment be less than the interest, the surplus of interest must not...

The North American Review, Τόμος 49

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1839 - 572 σελίδες
...place, to the discharge 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 principal remaining due. If the payment be less than the interest, the surplus of interest must not...

The North American Arithmetic: For Advanced Scholars. part third

Frederick Emerson - 1839 - 300 σελίδες
...place, to the discharge 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 principal remaining due. If the payment be less than the interest, the surplus of interest must not...

The North American Arithmetic: Part Third, for Advanced Scholars

Frederick Emerson - 1839 - 300 σελίδες
...towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment 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...

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

Richard W. Green - 1840 - 300 σελίδες
...place, to the discharge 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 principal remaining due. But, if the payment be less than the interest, the interest must continue...




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