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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 the interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the... "
The Crittenden Commercial Arithmetic and Business Manual: Designed for the ... - Page 95
by John Groesbeck - 1868 - 348 pages
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - Arithmetic - 1832 - 538 pages
...principal, anJ the Subsequent interest is to be computed on the balance of principal remaining due. 'If the payment be less than the interest, the surplus...to augment the principal ; but interest continues en the former principal until the period when the payments, taken together, exceed the interest due....
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - Arithmetic - 1822 - 562 pages
...interest is to be computed on the balance of principal remaining due. If the payment be less than tin- interest, the surplus of interest must not be taken...continues on the former principal until the period whett the payments, taken together, exceed the interest due, and then the surplus is to be applied...
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A Practical and Theoretical System of Arithmetic...: Also, a Treatise on ...

George Willson - Arithmetic - 1836 - 202 pages
...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...the principal; but interest continues on the former mncipal, until the period when the payments taken together t xceed the interest due, and then the surplus...
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A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - Arithmetic - 1836 - 274 pages
...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 be taken to angmeat the principal, but interest continues on the former principal until the period when the payments,...
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A Practical and Theoretical System of Arithmetic: Containing a New System of ...

George Willson - Arithmetic - 1838 - 194 pages
...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 interest must not be taken to augment the p.-inc:pal ; but interest continues on the former principal, until the period when the payments taken...
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A Practical and Theoretical System of Arithmetic: Containing Several New ...

George Willson - Arithmetic - 1838 - 194 pages
...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 be taken to zugmcnt the principal; but interest continues on the former irincipnl, until the period when the payments...
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The North American Arithmetic: Part Third, for Advanced Scholars

Frederick Emerson - Arithmetic - 1839 - 300 pages
...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...
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The North American Arithmetic: part third

Frederick Emerson - 1840 - 302 pages
...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...
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Ruger's Arithmetick, with Questions and Answers: A New System of Arithmetick ...

William Ruger - Arithmetic - 1841 - 268 pages
...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...on the former principal until the period When the pSynlents, taken together, exceed the interest due, and then the surplus is to be applied towards discharging...
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Arithmetic: As Taught in the Troy Episcopal Institute

W. F. Walker - Arithmetic - 1841 - 246 pages
...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...taken to augment the principal; but interest continues ons the former principal, until the period when the payments taken together exceed the interest due,...
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