 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
 | George Roberts Perkins - Arithmetic - 1841 - 274 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." Examples.'... | |
 | Esek Cowen - Justices of the peace - 1841 - 698 pages
...87.(note.) 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 the principal... | |
 | W. F. Walker - Arithmetic - 1841 - 248 pages
...interest, the surplus of interest must not be taken to augment the principal; but interest continues ons the former principal, until the period when the payments...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'."... | |
 | William Ruger - Arithmetic - 1841 - 263 pages
...the principal, but interest continues on the former principal until the period When the pSynlents, taken together, exceed the interest due, and then the surplus is to be applied towards discharging the principal ; and interest is to be computed on the balance ol principal as aforesaid."... | |
 | Jeremiah W. Blydenburgh - Electronic books - 1844 - 364 pages
...remaining due. If the payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the...interest due, and then the surplus is to be applied towards discharging the principal, and the interest afterwards computed on the balance of principal.... | |
 | Horatio Nelson Robinson - Arithmetic - 1845 - 310 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...due, and then the surplus is to be applied toward discharging^the principal ; and interest is to be computed on the balance, as aforesaid." Rule 3d,... | |
 | James Bates Thomson - Arithmetic - 1846 - 336 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)' Note.... | |
 | George Roberts Perkins - Arithmetic - 1846 - 266 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. By... | |
 | James Bates Thomson - Arithmetic - 1846 - 398 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." Note.... | |
 | Frederick Emerson - Arithmetic - 1846 - 288 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...payments, taken together, exceed ^ the interest due, unit then the surplus is to be appliedfowards discharging the principal; and interest is to be computed... | |
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