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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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The North American Arithmetic: part third

Frederick Emerson - 1840 - 302 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 mu.it not be taken to augment the principal; but interest continues on the former principal until the...

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

George Roberts Perkins - 1841 - 274 σελίδες
...place, to the discharge of the interest then due. If the payment exceed the in. lerest, 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 Treatise on the Civil Jurisdiction of Justices of the Peace in ..., Μέρος 2

Esek Cowen - 1841 - 698 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 (o) 7 Wen. 109,112. 11 id. 477. 20 (r) 1 RS 761, §9, 10;andvid....

Arithmetic: As Taught in the Troy Episcopal Institute

W. F. Walker - 1841 - 246 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 th& balance of principal remaining due. If the payment be less than the interest, the surplus of interest...

Ruger's Arithmetick, with Questions and Answers: A New System of Arithmetick ...

William Ruger - 1841 - 268 σελίδες
...then due. If the payment ejcee-ls 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 Treatise on the Law of Usury ; to which are Added, the Statutes of the ...

Jeremiah W. Blydenburgh - 1844 - 364 σελίδες
...instance 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 interest must not be...

A New Practical and Theoretical Arithmetic: In which in Addition to the ...

Horatio Nelson Robinson - 1845 - 310 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 Prussian Calculator: By which All Business Calculations are Performed by ...

Isaac A. Clark - 1846 - 218 σελίδες
...in the first place to the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent...the payment be less than the interest, the surplus interest must not be taken to augment the principal; but interest continues on the former principal...

The Prussian Calculator: By which All Business Calculations are Performed by ...

Isaac A. Clark - 1846 - 204 σελίδες
...in the first place to the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent...of the principal remaining due. If the payment be leas t han the interest, the surplus interest must not be taken to augment the principal; but interest...

Practical Arithmetic: Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - 1846 - 362 σελίδες
...the discharge of the interest then dzie. 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 principal remaining due. III. " If the payment be less than the interest, the surplus of interest must...




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