 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
 | Daniel Leach - Arithmetic - 1853 - 626 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." $400.... | |
 | Horatio Nelson Robinson - Arithmetic - 1854 - 306 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...to be applied toward discharging the principal; and interest is to be computed on the balance, as aforesaid." Rule 3d, which follows, is one adopted by... | |
 | Charles D. Lawrence - Arithmetic - 1854 - 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 computed on the balance, as aforesaid." This rule... | |
 | Noble Heath - Arithmetic - 1846-1880 - 1855 - 468 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." NEW... | |
 | George Roberts Perkins - Arithmetic - 1855 - 382 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... | |
 | Noble Heath - Arithmetic - 1856 - 472 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." NEW... | |
 | James Robinson - Accounting - 1856 - 108 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 the interest is to be computed on the balance, as aforesaid."... | |
 | John Fair Stoddard - Arithmetic - 1856 - 312 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." $860.... | |
 | Frederick Emerson - Arithmetic - 1834 - 346 pages
...must not be taken to augment the principal; but interest continues on the former principal until 4he period when the payments, 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, as aforesaid." The... | |
 | Pliny Earle Chase - Arithmetic - 1857 - 338 pages
...less than the interest, the surplus of the 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." Interest... | |
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