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" Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal and from the sum subtract the payment: the remainder forms a new principal. II. "
Complete Arithmetic: Comprising the New Intermediate Arithmetic and Part of ... - Page 342
by Stoddard A. Felter, Samuel Ashbel Farrand - 1877 - 471 pages
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A Short System of Practical Arithmetic: Compiled from the Best Authorities ...

William Kinne - 1829 - 246 pages
...Massachusetts, established the following more equitable Rule. — When there are endorsements, find the interest on the principal to the time of the first payment, add it to the principal, and from the sum subtract the payment then made; if the endorsement be not...
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A Short System of Practical Arithmetic: Compiled from the Best Authorities ...

William Kinne - Accounting - 1831 - 248 pages
...of Massachusetts, established the following more equitahle Rule.—When there are endorsements, find the interest on the principal to the time of the first payment, add it to the principal, and from the sum subtract the payment then made ; if the endorsement be not...
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The Common School Arithmetic: Prepared for the Use of Academies and Common ...

Charles Davies - Arithmetic - 1833 - 284 pages
...payments have been made 18 same rule is also adopted in Massachusetts, and in most of the other states. RULE. I. Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal and from the sum subtract...
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Mental and Practical Arithmetic

Charles Davies - Arithmetic - 1838 - 292 pages
...payments have been made. The same rule is also adopted in Massachusetts, and in most of the other states. RULE. I. Compute the interest on the principal to the time of the first payment, and if the .payment exceed this interest, add the interest to the principal and from the sum subtract...
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Arithmetic, designed for academies and schools, with answers

Charles DAVIES (LL.D.) - Arithmetic - 1843 - 348 pages
...payments have been made. The same rule is also adopted in Massachusetts, and in most of the other states. RULE. I. Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal and from the sum subtract...
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Arithmetic Designed for Academies and Schools: With Answers

Charles Davies - Arithmetic - 1844 - 358 pages
...payments have been made. The same rule is also adopted in Massachusetts, and in most of the other states. RULE. I. Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal and from the sum subtract...
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Arithmetic: Designed for Academies and Schools,(with Answers.)

Charles Davies - Arithmetic - 1844 - 356 pages
...have been made. The same rule is also adopted in Massachusetts, and in most of the other states. RUtE. I. Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal and from the sum subtract...
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Arithmetic Designed for Academies and Schools: With Answers

Charles Davies - Arithmetic - 1844 - 666 pages
...have been made. The same rule is also adopted in Massachusetts, and in most of the other states. RDXE. I. Compute the interest on the principal to the time of the fast payment, and if the payment exceed this interest, add the interest to the principal and from the...
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The Columbian Calculator: Being a Practical and Concise System of Decimal ...

Almon Ticknor - Arithmetic - 1846 - 276 pages
...Reports, vol. 1, page 17). The same rule is also adopted in Massachusetts and in most of the other states. RULE I. Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal and from the sum subtract...
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The University Arithmetic: Embracing the Science of Numbers, and Their ...

Charles Davies - Arithmetic - 1846 - 378 pages
...payments have been made. The same rule is also adopted in Massachusetts, and in most of the other states. I. Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal and from the sum subtract...
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