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" THE 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. From this amount deduct the payment or sum of the payments. "
New Grammar School Arithmetic - Page 260
by John Henry Walsh - 1903
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A Grammar School Arithmetic

George Albert Wentworth - 1896 - 430 pages
...for partial payments. Find the amount of the principal to the time when the payment, or sum of the payments, equals or exceeds the interest. From this amount deduct the payment or mini of the payments. Consider the remainder as a new principal, and proceed as before. COMPOUND INTEREST....
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Higher Arithmetic, Including Easy Algebraic Equations and Simple Geometrical ...

John Henry Walsh - 1897 - 424 pages
...Minnesota . 7 10 6 6 Mississippi 6 10 6 in Missouri 6 8 8 12 PARTIAL PAYMENTS. 1307. Connecticut Eule. Find the amount of the principal to the time when...two or more payments equals or exceeds the interest, if such time is one year or more from the time the interest commenced. From this amount deduct the...
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An Algebraic Arithmetic: Being an Exposition of the Theory and Practice of ...

Silas Ellsworth Coleman - Arithmetic - 1897 - 180 pages
...debtor that the Supreme Court of the United States adopted the following rule : 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. From this amount deduct the payment or sum of the payments....
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The Rand-McNally Practical Arithmetic: Complete for All Ordinary Purposes

Edwin Crawford Hewett - Arithmetic - 1897 - 370 pages
...of the United States for finding the value of interest-bearing notes : 241. 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. From this amount subtract the payment or the sum...
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An Algebraic Arithmetic: Being an Exposition of the Theory and Practice of ...

Silas Ellsworth Coleman - Arithmetic - 1897 - 178 pages
...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. From this amount deduct the payment or sum of the payments. Consider the remainder as a new principal, and proceed as before. $40; Nov. 14, 1895,...
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The Senior Arithmetic for Grammar Schools

Charles Edward White - Arithmetic - 1897 - 312 pages
...rule for finding the amount due on a note after partial payments have been made. 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 then due. Deduct from this amount the payment or...
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Grammar-school arithmetic

John Henry Walsh - Arithmetic - 1898 - 472 pages
...$1,278.15 1011. By the United States rule for partial payments, the amount of the principal is found to the time when the payment, or the sum of two or...this amount deduct the payment or sum of payments. Use the balance then due as a new principal, and proceed as before. 4. ALBANY, NY, March 5, 1893. One...
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An Advanced Arithmetic for High Schools, Normal Schools, and Academies

George Albert Wentworth - Arithmetic - 1898 - 424 pages
...one year, and partial payments have been made, the interest is computed by the following rule : 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,...
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An Advanced Arithmetic

George Albert Wentworth - 1898 - 424 pages
...one year, and partial payments have been made, the interest is computed by the following rule : 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,...
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An Advanced Arithmetic for High Schools, Normal Schools, and Academies

George Albert Wentworth - Arithmetic - 1898 - 424 pages
...one year, and partial payments have been made, the interest is computed by the following rule : 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,...
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