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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