 | George Augustus Walton, Stanley Harry Holmes - Arithmetic - 1909 - 316 pages
...may be stated as follows: UNITED STATES RULE FOB PARTIAL PAYMENTS Find the amount of the principal to the time when the payment or the sum of the payments equals or exceeds the interest due; subtract from this amount the payment or the sum of the payments. Treat the remainder as a new principal and... | |
 | George Augustus Walton, Stanley Harry Holmes - Arithmetic - 1909 - 316 pages
...be stated as follows: UNITED STATES RULE FOR PARTIAL PAYMENTS • Find the amount of the principal to the time when the payment or the sum of the payments equals or exceeds the interest due; subtract from this amount the payment or the sum of the payments. Treat the remainder as a new principal and... | |
 | International Correspondence Schools - Commercial correspondence - 1910 - 492 pages
...has been adopted by most of the states: United States Rule. — I. Find the amount of the principal to the time when the payment, or the sum of the payments, is greater than the interest then due. From the amount, subtract the payment or the sum of the payments,... | |
 | Gustavus Sylvester Kimball - Business mathematics - 1911 - 444 pages
...the note and its payment is more than one year. 519. By this method the amount of the note is found to the time when the payment, or the sum of the payments, equals or exceeds the interest due. From this amount the payment, or sum of the payments, is subtracted. This operation is repeated to... | |
 | Bruce Mervellon Watson, Charles Edward White - Arithmetic - 1911 - 424 pages
...this book. UNITED STATES RULE FOR PARTIAL PAYMENTS 344. Find the amount of the debt to the time when a payment, or the sum of the payments, equals or exceeds the interest due, and from that amount subtract such payment or sum of payments. With this remainder for a new principal,... | |
 | George William Myers - Arithmetic - 1912 - 410 pages
...rule by a decision of the Supreme Court of the United States: Rule.—Find the amount of the principal to the time when the payment or the sum of the payments equals or exceeds the interest due; subtract from this amount the payment or the sum of the payments. Treat the remainder as a new principal and... | |
 | George Morris Philips, Robert Franklin Anderson - Arithmetic - 1913 - 520 pages
...has been adopted as the legal rule by nearly all the states. Find the amount of the given principal to the time when the payment, or the sum of the payments, is equal to or exceeds the interest due; subtract from this amount the payment or the sum of the payments.... | |
 | George Wentworth, David Eugene Smith - Arithmetic - 1915 - 324 pages
...on the day of settlement is found in the following way: Add the interest to the principal whenever the payment, or the sum of the payments, equals or exceeds the interest. Then deduct the payment or payments and continue as before. This is the United States Rule for partial... | |
 | George Wentworth, David Eugene Smith - Arithmetic - 1915 - 320 pages
...on the day of settlement is found in the following way: Add the interest to the principal whenever the payment, or the sum of the payments, equals or exceeds the interest. Then deduct the payment or payments and continue as before. This is the United States Rule for partial... | |
 | Webster Wells, Walter Wilson Hart - Arithmetic - 1919 - 388 pages
...adopted by the Supreme Court of the United States. Rule. — i. Find the amount of the face of the note to the time when the payment or the sum of the payments made equals or exceeds the accrued interest. 2. From this amount, subtract the payment or the sum of... | |
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Find the amount of the principal to the time when the payment, or the sum of the payments, equals or exceeds the interest due. 
