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" ... interest at that time due : add that interest to the principal, and from the sum subtract the payment made at that time, together with the preceding payments (if any) and the remainder forms a new principal ; on which compute and subtract the interest,... "
Mercantile Arith - Page 97
by Michael Walsh - 1831
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A Practical Abridgment of American Common Law Cases Argued and ..., Volume 6

Jacob D. Wheeler - Common law - 1835 - 618 pages
...that time due ; add that interest to the principal, and from the sum subtract the payment made at that time, together with the preceding payments, if any;...proceed in this manner to the time of the judgment. WILLIAMS v. HAUGHTALING, Aug. T. 1824, 3 Cowen's NY Rule for Rep. S7. rest wtiere P£r Cur. When, according...
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Cobb's Explanatory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - Arithmetic - 1835 - 246 pages
...time due ; add that interest to the principal, and from the sum substract the payment made at that time, together with the preceding payments, if any ; and the remainder forms a new nvincipal, on which compute interest, as upon the first principal, and from the amount substract the...
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Cobb's Explantory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - Arithmetic - 1836 - 228 pages
...time due; add that interest to the principal, and from the sum si:.bstract the payment made at that time, together with the preceding payments, if any...remainder forms a new principal, on which compute interest, as upon the first principal, and from the amount substract the payment; and proceed in this...
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A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - Arithmetic - 1836 - 274 pages
...that time due : add that interest to the principal, and from the sum subtract the payment made at that time, together with the preceding payments, if any;...remainder forms a new principal, on which compute interest, as upon the first principal, and from the amount subtract the payment; and proceed in this...
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Daboll's Schoolmaster's Assistant: Improved and Enl. ...

Nathan Daboll - Arithmetic - 1837 - 262 pages
...principal, and from the sum subtract the payment made at that time, togetherwith the preceding payment (if any) and the remainder forms a new principal; on which compute and subtract the payments as upon the first principal, and proceed in this manner to the time of final settlement "...
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Daboll's Schoolmaster's Assistant: Improved and Enlarged. Being a Plain ...

Nathan Daboll - Arithmetic - 1837 - 246 pages
...payments (if any) and the remainder forms a new principal ; on which compute and subtract the payments aa upon the first principal, and proceed in this manner to the time of final settlement." $ ets. *!60,00 third payment with its interest from the time it was paid, up to...
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The Mercantile Arithmetic: Adapted to the Commerece of the United States, in ...

Michael Walsh - Arithmetic - 1838 - 346 pages
...Massachusetts, for making up judgments on Securities for Money which are upon Interest, and on which partial payments have been endorsed. COMPUTE the interest...down the interest ; and no part of the interest ever forma a part of a principal carrying interest. The following example will illustrate the rule, in which...
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The National Arithmetic, on the Inductive System: Combining the Analytic and ...

Benjamin Greenleaf - Arithmetic - 1839 - 356 pages
...that time due ; add tkat interest to the principal, and from the sum subtract the payment made at that time, together with the preceding payments, if any,...which compute and subtract the interest, as upon the Jirst principal, and proceed in the same manner to the time of judgment. The following example will...
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Tables of Interest and Discount: And Business Man's Assistant; Showing the ...

Nicholas Harris - Interest - 1840 - 126 pages
...at that time due ; add that interest to the principal, and from the sum subtract the payment at that time, together with the preceding payments, if any,...interest, as upon the first principal, and proceed in the same manner to the time of judgment. EXAMPLE. $500. HARTFORD, Feb. 15th, 1839. For value received,...
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A Treatise on the Civil Jurisdiction of Justices of the Peace in the ..., Part 2

Esek Cowen - Justices of the peace - 1841 - 698 pages
...that time due : add that interest to the principal, and from the sum subtract the payment made at that time, together with the preceding payments, (if any,)...principal : and proceed in this manner to the time of judgment. By this rule the payments are first applied to keep down the interest ; and no part of the...
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