 | Wilbur Fisk Nichols - 1910 - 236 pages
...May 20, $100; July 20, $175; Dec. 20, $250. Find the balance due Jan. 20, 1913. UNITED STATES RULE Find the amount of the principal to the time when the payment or sum of the payments equals or exceeds the interest and from this amount deduct the payment or sum of... | |
 | Gustavus Sylvester Kimball - Business mathematics - 1911 - 444 pages
...the note and its payment is more than one year. 519. By this method the amount of the note is found to the time when the payment, or the sum of the payments, equals or exceeds the interest due. From this amount the payment, or sum of the payments, is subtracted. This operation is repeated to... | |
 | Bruce Mervellon Watson, Charles Edward White - Arithmetic - 1911 - 424 pages
...this book. UNITED STATES RULE FOR PARTIAL PAYMENTS 344. Find the amount of the debt to the time when a payment, or the sum of the payments, equals or exceeds the interest due, and from that amount subtract such payment or sum of payments. With this remainder for a new principal,... | |
 | George Wentworth, David Eugene Smith - Arithmetic - 1911 - 396 pages
...most of our states is that laid down by the Supreme Court of the United States. It is as follows : (1) Find the amount of the principal to the time when the payment, or sum of the payments, is equal to or greater than the interest. (2) From this amount deduct the payment,... | |
 | George William Myers - Arithmetic - 1912 - 410 pages
...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...of the payments equals or exceeds the interest due; subtract from this amount the payment or the sum of the payments. Treat the remainder as a new principal... | |
 | George Morris Philips, Robert Franklin Anderson - Arithmetic - 1913 - 444 pages
...Payments," has been adopted as the legal rule by nearly all the states. Find the amount of the given principal to the time when the payment, or the sum of the payments, is equal to or exceeds the interest due; subtract from this amount the payment or the sum of the payments.... | |
 | George Wentworth, David Eugene Smith - Arithmetic - 1915 - 324 pages
...on the day of settlement is found in the following way: Add the interest to the principal whenever the payment, or the sum of the payments, equals or exceeds the interest. Then deduct the payment or payments and continue as before. This is the United States Rule for partial... | |
 | George Wentworth, David Eugene Smith - Arithmetic - 1915 - 320 pages
...on the day of settlement is found in the following way: Add the interest to the principal whenever the payment, or the sum of the payments, equals or exceeds the interest. Then deduct the payment or payments and continue as before. This is the United States Rule for partial... | |
 | Webster Wells, Walter Wilson Hart - Arithmetic - 1919 - 388 pages
...adopted by the Supreme Court of the United States. Rule. — i. Find the amount of the face of the note to the time when the payment or the sum of the payments made equals or exceeds the accrued interest. 2. From this amount, subtract the payment or the sum of... | |
 | George Albert Wentworth, David Eugene Smith - Arithmetic - 1920 - 380 pages
...the day of settlement is found in the following way : Add tli£ interest to the principal whenever the payment, or the sum of the payments, equals or exceeds the interest. Then deduct the payment or payments and continue as before. This is the United States Rule for partial... | |
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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. 
