 ... interest, add the interest to the principal and from the sum subtract the payment: the remainder forms a new principal. II. But if the payment is less than the interest, take no notice of it until other payments are made, which in all, shall exceed...  School Arithmetic: Analytical and Practical - Page 246by Charles Davies - 1869 - 336 pagesFull view - About this book
 | Nicolas Pike - Arithmetic - 1822 - 536 pages
...principal when this endorsement is made, provided oue year's interest shall hare accrued. The remainder is a new principal, on which interest is to be computed as before. 3. Interest is allowed on all endorsements from the time of their payment, until the year has elapsed,... | |
 | Charles Davies - Arithmetic - 1833 - 284 pages
...less than the interest, take no notice of it until other payments are made, which in all, shall exceed the interest computed to the time of the last payment...principal on which interest is to be computed as before. Ex. 1. For value received I promise to pay JAMES WILSON, or order three hundred and fifty-nine dollars... | |
 | Charles Davies - Arithmetic - 1838 - 292 pages
...less than the interest, take no notice of it until other payments are made, which in all, shall exceed the interest computed to the time of the last payment...principal on which interest is to be computed as before. i EXAMPLES. $349,99 8. May 1st, 1826. 1 . For value received I promise to pay James Wilson or order,... | |
 | Charles DAVIES (LL.D.) - Arithmetic - 1843 - 348 pages
...less than the interest, take no notice of it until other payments are made, which in all, shall exceed the interest computed to the time of the last payment...principal on which interest is to be computed as before. EXAMPLES. $349,99 8. May 1st, 1826. 1. For value received I promise to pay James Wilson or order, three... | |
 | Charles Davies - Arithmetic - 1844 - 358 pages
...notice of it until other payments are made, which in all, shall exceed the interest computed to the lime of the last payment : then add the interest, so computed,...principal on which interest is to be computed as before. SIMPLE INTEREST. EXAMPLES. $349,99 87 May 1st, 1826. 1. For value received I promise to pay James Wilson... | |
 | Charles Davies - Arithmetic - 1844 - 356 pages
...less than the interest, take no notice of it until other payments are made, which in all, shall exceed the interest computed to the time of the last payment...interest, so computed, to the principal, and from the siwre subtract the sum of the payments: the remainder mil form a new principal on which interest is... | |
 | Charles Davies - Arithmetic - 1844 - 666 pages
...made, which in all, shall exceed the interest computed to the time of tlie last payment : then add Ike interest, so computed, to the principal, and from the sum subtract the snm of the payments : the remainder '"ill form a new principal on which interest is to be computed... | |
 | Almon Ticknor - Arithmetic - 1846 - 276 pages
...payments are made, which in all shall exceed the interest computed to the time of the last payments ; then add the interest so computed to the principal,...which interest is to be computed as before. Note. — The above rule does not differ materially from the preceding examples, and is the same in its general... | |
 | Charles Davies - Arithmetic - 1846 - 362 pages
...less than the interest, take no notice of it until other payments are made, which in all, shall exceed the interest computed to the time of the last payment...interest, so computed, to the principal, and from the suifi subtract the sum of the payments : the remainder mIl form a new principal on which interest is... | |
 | Charles Davies - Arithmetic - 1847 - 368 pages
...less than the interest, take no notice of it until other payments are made, which in all, shall exceed the interest computed to the time of the last payment...principal on which interest is to be computed as before. EXAMPLES. $349,99 8 Buffalo, May 1st, 1826. 1. For value received I promise to pay James Wilson or... | |
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