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 - 1849 - 344 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 period when the payments, taken together,** equal or exceed the interest due, and then the surplus is to be applied towards discharging the principal,... | |
| George Roberts Perkins - Arithmetic - 1849 - 356 pages
...interest continues on the former principal until the period when the payments, taken together, equal or **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, as aforesaid." UTICA,... | |
| George Roberts Perkins - Arithmetic - 1850 - 372 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... | |
| Benjamin Naylor - 1850 - 334 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. 1. $300.... | |
| George Roberts Perkins - Arithmetic - 1850 - 358 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 period when the payments, taken together,** equal or exceed the interest due, and then the surplus is to be applied towards discharging the principal... | |
| George Roberts Perkins - Arithmetic - 1851 - 356 pages
...be less than the interest, the surplus of interest must not IK; 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... | |
| Daniel Leach - Arithmetic - 1851 - 280 pages
...the payment be less than the interest, the surplus 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" PROVIDENCE,... | |
| Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1891 - 780 pages
...principal, and the subsequent interest is to be computed on the balance of the principal remaining due. **If the payment be less than the interest, the surplus...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." This... | |
| Commerce - 1852 - 780 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... | |
| John Fair Stoddard - Arithmetic - 1852 - 324 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, and then** t/te surplus is to be applied towards discharging the principal ; and interest is to be computed on... | |
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