 | Dominick T. Blake - Civil procedure - 1818 - 706 pages
...the principal, and compute interest upon the balance of principal remaining due, to the next payment. If the payment be less than the interest, the surplus...on the former principal, until the period when the payments taken together exceed the interest due, and then the surplus is to be applied towards discharging... | |
 | Nicolas Pike - Arithmetic - 1832 - 538 pages
...interest Ihon duo. If the payment exceeds the inthe surplus goes t .wards discharging the principal, anJ the Subsequent interest is to be computed on the balance...to augment the principal ; but interest continues en the former principal until the period when the payments, taken together, exceed the interest due.... | |
 | Nicolas Pike - Arithmetic - 1822 - 536 pages
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, aud the subsequent interest is to be computed on the balance...due. If the payment be less than the interest, the MMplus of interest must not be taken to augment the principal ; but interest continues on the former... | |
 | Nicolas Pike - Arithmetic - 1822 - 562 pages
...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...principal remaining due. If the payment be less than tin- interest, the surplus of interest must not be taken to augment the principal; but interest continues... | |
 | New York (State). Court of Chancery, William Johnson - Equity - 1824 - 748 pages
...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...the payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until... | |
 | Murray Hoffman - Equity pleading and procedure - 1824 - 472 pages
...then due. If tho payment exceeds the interest, the surplus goei towards discharging the principal, and the subsequent interest is to be computed on the balance of principal due. If the payment be IB-IS than the interest, the surplus interest. must not be taken to augment... | |
 | William Ruger - Arithmetic - 1832 - 282 pages
...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...on the former principal until the period when the payments, taken together, exceed the Interest due, and then the surplus is to be applied towards discharging... | |
 | Lyman Cobb - Arithmetic - 1832 - 228 pages
...interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the...on the former principal until the period when the payments, taken together, exceed the interest due ; and then the surplus is to be applied toward discharging... | |
 | Nicolas Pike - Arithmetic - 1832 - 540 pages
...exceeds the interest, the surplus goes toward discharging the principal, and the subsequent isterest is to be computed on the balance of principal remaining...on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied toward discharging... | |
 | Nicolas Pike - Arithmetic - 1832 - 544 pages
...interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the...principal remaining due. If the payment be less than the imprest, the surplus of interest must not betaken to augment the principal; but interest continues... | |
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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... 
