 | Nicolas Pike - Arithmetic - 1822 - 536 pages
...when partial payments hare kern mailf1, is to apply the payment, in the first place, to the dinebarge of the interest then due. If the payment exceeds the...the surplus goes towards discharging the principal, aud the subsequent interest is to be computed on the balance of principal remaining due. If the payment... | |
 | Nicolas Pike - Arithmetic - 1822 - 562 pages
...when partial payments have iiertj made, is ID apply the payment, in the firct place, to the disrharge of the interest then due. If the payment exceeds the interest, the surplus goes to wan!? discharging the principal . and the subsequent interest is to be computed on the balance of... | |
 | Nicolas Pike - Arithmetic - 1832 - 544 pages
...York. " The Rule for casting Interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest...the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
 | Lyman Cobb - Arithmetic - 1832 - 228 pages
...York. "The Rule for casting interest, where partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest...the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
 | Lyman Cobb - Arithmetic - 1836 - 228 pages
...York. "The Rule for casting interest, where partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest...the payment exceeds the interest, the surplus goes toward discharging the principal, nnd the subsequent interest is to be compiled on the balance of principal... | |
 | William Johnson - Law reports, digests, etc - 1837 - 678 pages
...casting interest, when partial payments have been made, is to apply the payment, in the first instance, to 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... | |
 | George Roberts Perkins - Arithmetic - 1841 - 274 pages
...RULE. " The rule for casting interest, when partial payments have been made, is to apply the payment, 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, and the subsequent interest... | |
 | Frederick Emerson - Arithmetic - 1846 - 318 pages
...follows. " The rule for casting interest, when partial payments have 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 towards discharging the principal, and the subsequent interest is to be computed on the... | |
 | George Roberts Perkins - Arithmetic - 1846 - 266 pages
...RULE. " The rule fur casting interest, when partial payments have bee.n made., is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
 | James Bates Thomson - Arithmetic - 1846 - 354 pages
...I. " The rule for easting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the... | |
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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... 
