Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" 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, taken together, exceed the interest due... "
Every Man His Own Teacher: Being an Introduction to Arithmetic, Whereby ... - Page 288
by John Preston - 1834 - 297 pages
Full view - About this book

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

Nicolas Pike - Arithmetic - 1822 - 562 pages
...disrharge of the interest then due. If the payment exceeds the interest, the surplus goes to wan!? discharging the principal . and the subsequent interest...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...
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 - 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

A Practical and Theoretical System of Arithmetic...: Also, a Treatise on ...

George Willson - Arithmetic - 1836 - 202 pages
...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 discharge...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...
Full view - About this book

The Common School Arithmetic ...: To which is Added a Dictionary of ...

Peirpont Edward Bates Botham - Arithmetic - 1837 - 252 pages
...New York: RULE : — " The Rule for casting Interest, where partial payments have been made, is to apply the payment, in the first place, to the discharge...balance of principal remaining due. If the payment be lesa than the Int., the surplus of interest must not be taken ti augment the principal, but interest...
Full view - About this book

A Digest of the Cases Decided and Reported in the Supreme Court of ...

William Johnson - Law reports, digests, etc - 1837 - 678 pages
...the discharge of the interest then due. If the payment exceeds the interest, the surplus ¡гоез towards discharging the principal ; and the subsequent...principal remaining •due. If the payment be less [ »285 ; than the interest, the surplus interest must not be added to the principal ; but the interest...
Full view - About this book

A Practical and Theoretical System of Arithmetic: Containing a New System of ...

George Willson - Arithmetic - 1838 - 194 pages
...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 discharge...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...
Full view - About this book

An Arithmetical Guide: In which the Principles of Numbers are Inductively ...

Richard W. Green - Arithmetic - 1840 - 300 pages
...adopted by Chancellor Kent, of New York. It is as follows : RULE For casting interest, when partial payments have been made. Apply the payment, in the...computed on the balance of principal remaining due. But, if the payment be less than the interest, the interest must continue on the former principal,...
Full view - About this book

A Treatise on the Civil Jurisdiction of Justices of the Peace in the ..., Part 2

Esek Cowen - Justices of the peace - 1841 - 698 pages
...same words. ' The rule' (says he) ' for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge...balance of principal remaining due. If the payment be (o) 7 Wen. 109,112. 11 id. 477. 20 (r) 1 RS 761, §9, 10;andvid. id. 51. ant«, 194, 262, 3. (p) 2...
Full view - About this book

Arithmetic: As Taught in the Troy Episcopal Institute

W. F. Walker - Arithmetic - 1841 - 246 pages
...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 discharge...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...
Full view - About this book




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