 | Bernard Roelker - Banking law - 1864 - 410 pages
...NEW-JERSEY. 32. The true rule of calculating interest where partial payments have been made, is to cast the interest on the principal to the time of the first payment ; and if the payment equals, or is greater than the interest, deduct the payment ; if the payment does not equal the interest,... | |
 | James Bates Thomson - Arithmetic - 1864 - 392 pages
...20th, 1845, $200. "What was the balance due on the note, Aug. 1st, 1845? CONNECTICUT RULE. 249. T. "Compute the interest on the principal to the time of the first paytnent; if tluit be one year ur more from the time the interest commenced, add it to the principal,... | |
 | Charles Davies - Arithmetic - 1865 - 468 pages
...indorsed on the note or bond. 281. We shall now give the rule established in New York (see Johnson's Chancery Reports, vol. i., page 17,) for computing...on the principal to the time of the first payment ; if the payment equals or exceeds this interest, add the interest to the principal, and from the sum... | |
 | Charles Davies - Arithmetic - 1865 - 372 pages
...interest when tlie princiv-81 is in pounds, (hillings and pcuoe ' RITLE. — I. Compute the interest an the principal to the time of the first payment, and...exceed this interest, add the interest to the principal ami from the sum m&tra'.t ths payment: t he remainder forms a MIC princiIial: II. But if the payment... | |
 | Charles Davies - Arithmetic - 1866 - 356 pages
...have been 295. How do you find the interest, when the principal is in pounds, shillings, and pence? made. The same rule is also adopted in Massachusetts,...the interest on the principal to the time of the. firA payment, and if the payment exceeds this interest, add the, interest to (he principal, and from... | |
 | Stoddard A. Felter - Arithmetic - 1862 - 312 pages
...United States, and by all the States of the Union, with the exception of Connecticut and New Hampshire. Rule. — I. Compute the interest on the principal to the time of the first payment ; if the payment equals or exceeds this interest, add the interest to the principal, and subtract the... | |
 | Stoddard A. Felter - Arithmetic - 1866 - 326 pages
...and by all the States of the Union, with the exception of Connecticut and New Hampshire. Rule.—I. Compute the interest on the principal to the time of the first payment; if the payment equals or exceeds this interest, add the interest to the principal, and subtract the... | |
 | Stoddard A. Felter - Arithmetic - 1866 - 338 pages
...United States, and by all the States of the Union, with the exception of Connecticut and New Hampshire. Rule. — I. Compute the interest on the principal to the time of the ßrst payment ; if the payment equals or exceeds this interest, add the interest to the principal,... | |
 | Charles Davies - Arithmetic - 1867 - 486 pages
...note or bond. 281. We shall now give the rule established in New York (sec Johnson's Chancery Eeports, vol. i., page 17,) for computing the interest on a...Compute the interest on the principal to the time of tht first payment ; if the payment equals or exceeds this interest, add the interest to the principal,... | |
 | Charles Davies - Arithmetic - 1868 - 518 pages
...indorsed on the note or bond. 281. We shall now give the rule established in New York (see Johnson's Chancery Reports, vol. i., page 17,) for computing...Compute the interest on the principal to the time of tht first payment ; if the payment equals or exceeds this interest, add the interest to the principal,... | |
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We shall now give the rule established in New York (see Johnson's Chancery Reports, vol. i., page 17,) for computing the interest on a bond or note, when partial payments have been made. The same rule is also adopted in Massachusetts, and in most of the... 
