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... | |
| |