 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.  The American Arithmetic - Page 172by James Robinson (of Boston.) - 1847Full view - About this book
 | 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... | |
 | Lyman Cobb - Arithmetic - 1832 - 228 pages
...the Courtt ' in the State of New York. "The Rule for casting interest, where partial payments have been made, is to apply the payment, in the first place,...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... | |
 | Nicolas Pike - Arithmetic - 1832 - 540 pages
...of the Courts in the Slate of New- York. " The Ruin for casting Interest, when partial payments have been made, is to apply the payment, in the first place,...the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent isterest is to be computed on the balance of principal... | |
 | George Willson - Arithmetic - 1836 - 202 pages
...Chancellor Kent, of the state of New-York. According to this decision, the method of casting interest is, to " apply the payment in the first place to 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... | |
 | Lyman Cobb - Arithmetic - 1836 - 228 pages
...of the Courts in the State of New York. "The Rule for casting interest, where partial payments have been made, is to apply the payment, in the first place,...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 Ruger - Arithmetic - 1836 - 274 pages
...Courts in the Slate of New-York : RULE I.—" The Rule for casting Interest, where partial payments have been made, is to apply the payment, in the first place, to the dis-' charge of the interest then due. If the payment exceeds the interest, the surplus goes towards... | |
 | 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 Willson - Arithmetic - 1838 - 194 pages
...Chancellor Kent, of the state of New- York. According to this decision, the method of casting interest is, to " apply the payment in the first place to 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... | |
 | W. F. Walker - Arithmetic - 1841 - 246 pages
...Chancellor Kent, of the state of New- York. According to this decision, the method of casting interest is, to "apply the payment in the first place to 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... | |
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