 If the payment be less than the interest, the surplus of interest must not be taken to augment the principal; but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus...  Higher Book - Page 192by William Seneca Sutton - 1896Full view - About this book
 | Frederick Emerson - Arithmetic - 1834 - 300 pages
...be less than the interest, the surplus of interest must not be taken to augment the principal; but interest continues on the former principal until the...interest due, and then the surplus is to be applied towards discharging the principal; and interest is to be Computed on the balance, as aforesaid." The... | |
 | Lyman Cobb - Arithmetic - 1836 - 216 pages
...be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest continues on the former principal until the...the surplus is to be applied toward discharging the princ:;"-,'. inrt interest is to be computed on the balance of principal as aforesaid." The following... | |
 | Indiana. Supreme Court, Isaac Newton Blackford - Law reports, digests, etc - 1836 - 550 pages
...be less than the interest, the surplus of interest must not be taken to augment the principal; but interest continues on the former principal until the...interest due, and then the surplus is to be applied towards discharging the principal; and interest is to be computed on the balance of principal as aforesaid."... | |
 | George Willson - Arithmetic - 1836 - 202 pages
...interest continues on the former mncipal, until the period when the payments taken together t xceed the interest due, and then the surplus is to be applied toward discharging the principal ; and interest is to be com, uted on the balance, as aforesaid." RULE. Compute the interest to the date of... | |
 | William Johnson - Law reports, digests, etc - 1837 - 676 pages
...•due. If the payment be less [ »285 ; than the interest, the surplus interest must not be added to the principal ; but the interest continues on the...exceed the interest due, and then the surplus is to l>e applied towards discharging the principal, and the interest afterwards com283 285 puled on the... | |
 | Peirpont Edward Bates Botham - Arithmetic - 1837 - 238 pages
...payment be lesa than the Int., the surplus of interest must not be taken ti augment the principal, but interest continues on the former principal until the...interest due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid/i... | |
 | George Willson - Arithmetic - 1838 - 194 pages
...be less than the interest, the surplus of interest must not be taken to augment the p.-inc:pal ; but interest continues on the former principal, until the period when the payments taken together f xceed the interest dye, and then the surplus is to be applied i- award discharging the principal... | |
 | Frederick Emerson - Arithmetic - 1839 - 300 pages
...be less than the interest, the surplus of interest must not be taken to augment the principal; but interest continues on the former principal until the...interest due, and then the surplus is to be applied towards discharging the principal; and interest is to be computed on the balance, as aforesaid.'" The... | |
 | Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - American fiction - 1839 - 536 pages
...be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest continues on the former principal until the...interest due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid." Thus... | |
 | Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - American fiction - 1839
...be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest continues on the former principal until the...interest due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance, as aforesaid." Thus... | |
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