 | Charles D. Lawrence - Arithmetic - 1854 - 336 pages
...What was due on this note April 6, 1852 3 Ans. 134.58 *NoTE. โ We can discover by inspection, that the interest on the principal from the date of the note to the.l?rsl payment \sgrcater than that payment. Therefore we compute the interest from the date of the... | |
 | Edward Olney - Arithmetic - 1876 - 324 pages
...less, and upon which payments have been made, according to the following rule : Find the amount of the principal from the date of the note to the time of settlement ; find the amount of each payment from the time it was made to the time of settlement, and... | |
 | Albert Newton Raub - Arithmetic - 1877 - 348 pages
...diminished until the interest due is paid. 2. Interest shall not draw interest. SUPREME COURT RULE. 1. Compute the interest on the principal from the date...the first payment. If this payment equals or exceeds the interest, add the principal and the interest together, and fr ะพั their sum subtract the payment.... | |
 | William Guy Peck - Arithmetic - 1877 - 430 pages
...usually adjusted amongst business men by the following rule, called MERCANTILE RULE. Find, the amount of the principal from the date ^of the note to the time of settlement ; find the amount of each payment from the time it was made to the time of settlement, and... | |
 | Edward Olney - Arithmetic - 1879 - 392 pages
...less, and upon which payments have been made, according to the following Rule. โ Find the amount of the principal from the date of the note to the time of settlement, find the amount of each payment from the time it was made to the time of settlement, and... | |
 | George E. Seymour - Arithmetic - 1880 - 332 pages
...never be greater than the debt. Hence, the following rule : UNITED STATES RULE. I. Compute the interest from the date of the note to the time of the first payment . II. If this interest is less than this payment, add the interest to the principal and subtract the... | |
 | Joseph Ficklin - Arithmetic - 1881 - 406 pages
...column being the required answer. With the table before him, let the pupil compute the interest upon the principal from the date of the note to the time of the first payment, or for 1 yr. 1 mo. 15 da., equal to 13.5 months, etc. FIRST STEP. SECOND STEP. $2000 Prin. .06 Bate.... | |
 | Daniel W. Fish - Arithmetic - 1883 - 348 pages
...cancellation, leaving the cancelling to the ingenuity of the pupil. (74, NOTE 2.) After arranging the table, compute the interest on the principal from the date of the note to the time of the first payment, or for 5 mo. 15 da., itc. 12 2 FIRST STEP. $1500 Prin. .06 Kate. 11 Time. $41.25 Int. $1500 $1541.25... | |
 | Horatio Nelson Robinson - Arithmetic - 1892 - 428 pages
...settlement of notes and of interest accounts running a year or less: MERCANTILE RULE. I. Find the amount of the principal from the date of the note to the time of settlement. II. Find the amount of each payment from the time it was made to the time of settlement.... | |
 | Horatio Nelson Robinson - Arithmetic - 1892 - 428 pages
...settlement of notes and of interest accounts running a year or less : MERCANTILE EULE. I. Find the amount of the principal from the date of the note to the time of settlement. II. Find the amount of each payment from the time it was made to the time of settlement.... | |
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Compute the interest on the principal from the date of the note to the time of the first payment. If the payment equals or exceeds the interest, add tlte interest to the principal and subtract the payment. 
