Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" 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... "
A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ... - Page 150
by William Ruger - 1836 - 263 pages
Full view - About this book

An Historical Treatise on the Practice of the Court of Chancery of the State ...

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 of interest must not be taken to augment the principal ; but interest continues on the former principal, until the period when the payments...
Full view - About this book

A New and Complete System of Arithmetick: Composed for the Use of the ...

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...interest, the surplus of interest must not be taken to augment the principal ; but interest continues en the former principal until the period when the payments,...
Full view - About this book

A New and Complete System of Arithmetick: Composed for the Use of the ...

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...
Full view - About this book

A New and Complete System of Arithmetick: Composed for the Use of the ...

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...
Full view - About this book

Reports of Cases Adjudged in the Court of Chancery of New-York ..., Volume 7

New York (State). Court of Chancery, William Johnson - Equity - 1824 - 748 pages
...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...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...
Full view - About this book

The Office and Duties of Masters in Chancery and Practice in the Master's ...

Murray Hoffman - Equity pleading and procedure - 1824 - 472 pages
...applied in discharge of the interest 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...
Full view - About this book

A New and Complete System of Arithmetick: Composed for the Use of the ...

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...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,...
Full view - About this book

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - Arithmetic - 1832 - 544 pages
...the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest...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...
Full view - About this book

Cobb's Explanatory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - Arithmetic - 1832 - 228 pages
...where 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 toward discharging the principal, and the subsequent interest is to be computed on the balance of principal...
Full view - About this book

The North American Arithmetic: Part Third, for Advanced Scholars, Volume 3

Frederick Emerson - Arithmetic - 1834 - 300 pages
...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 of interest must not be taken to augment the principal; but interest continues on the former principal until the period when the payments,...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF