 Payments," which has been made the legal rule by a decision of the Supreme Court of the United States: RULE. — Find the amount of the principal to the time when the payment or the sum of the payments equals or exceeds the interest due; subtract from...  The Anderson Arithmetic - Page 186by Robert Franklin Anderson - 1921Full view - About this book
 | Silas Sadler Packard, Byron Horton - Business mathematics - 1882 - 324 pages
...— Find the amount of the given principal to the time when the payment or the sum of the payments exceeds the interest due; subtract from this amount...remainder as a new principal, and proceed as before, to the time of settlement. EXAMPLES. 365. NOTES. — 1. In the following examples, find the time by... | |
 | Silas Sadler Packard, Byron Horton - Business mathematics - 1882 - 224 pages
...principal to the time when the payment or the sum of the payments exceeds the interest due; siMract from this amount the payment or the sum of the payments....remainder as a new principal, and proceed as before, to the time of settlement. EXAMPLES. 3C55. NOTES. — 1. In ths following examples, find the time by... | |
 | David Martin Sensenig, Robert Franklin Anderson - Arithmetic - 1902 - 376 pages
...payment, or the sum of the payments, ii 258 equal to or exceeds the interest due; subtract from tint, amount the payment or the sum of the payments. Treat...remainder as a new principal, and proceed as before. Note. New Hampshire, Vermont, and Cunneetirut have their own rules, which, being limited to these states,... | |
 | Jacob Henry Minick, Clement Carrington Gaines - Business mathematics - 1904 - 412 pages
...Find the amount of the given principal to the time when the payment or the sum of the payments equals or exceeds the interest due. Subtract from this amount...remainder as a new principal and proceed as before to the time of settlement. 1. This rule is based upon the principle that neither interest nor payment... | |
 | George William Myers, Sarah Catherine Brooks - Arithmetic - 1907 - 432 pages
...RULE.—Find the amount of the principal to the time when the payment or the sum of the payments equals or exceeds the interest due; subtract from this amount...the payments. Treat the remainder as a new principal an>\ proceed as oefore. ILLUSTRATIVE EXAMPLES 1, Find the balance due on the following note at maturity:... | |
 | George William Myers, Sarah Catherine Brooks - Arithmetic - 1907 - 436 pages
...— Find the amount of the principal to the time when the payment or the sum of the payments equals or exceeds the interest due; subtract from this amount...the sum of the payments. Treat the remainder as a ncio principal and proceed as before. ILLUSTRATIVE EXAMPLES 1. Find the balance due on the following... | |
 | George William Myers - Arithmetic - 1908 - 350 pages
...— Find the amount of the principal to the time when the payment or the sum of the payments equals or exceeds the interest due; subtract from this amount...remainder as a new principal and proceed as before. ILLUSTRATIVE EXAMPLE 1. Find the balance due on the following note at maturity : $1250. Chicago, 111.,... | |
 | George Augustus Walton, Stanley Harry Holmes - Arithmetic - 1909 - 316 pages
...PAYMENTS Find the amount of the principal to the time when the payment or the sum of the payments equals or exceeds the interest due; subtract from this amount...remainder as a new principal and proceed as before. Written Exercise 369. 1. Find the balance due on the following note at imiturity : $650. EMPORIA, KANSAS,... | |
 | George Augustus Walton, Stanley Harry Holmes - Arithmetic - 1909 - 316 pages
...• Find the amount of the principal to the time when the payment or the sum of the payments equals or exceeds the interest due; subtract from this amount...remainder as a new principal and proceed as before. • Written Exercise 369. 1. Find the balance due on the following note at maturity : $650. EMPORIA,... | |
 | George William Myers - Arithmetic - 1912 - 410 pages
...Rule.—Find the amount of the principal to the time when the payment or the sum of the payments equals or exceeds the interest due; subtract from this amount...remainder as a new principal and proceed as before. DATE Jan. 1 Feb. 26 Mar 20 May 2. May 20 June 15 June 20 ... . DEPOSITS $280 75 150 110 WITHDRAWALS... | |
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