 | Eugene L. Dubbs - Arithmetic - 1901 - 462 pages
...but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied toward discharging the principal ; and interest is to be computed on the balance as aforesaid. —... | |
 | Oscar Lynn Kelso - Arithmetic - 1903 - 302 pages
...on the former principal until the period when the payments taken together exceed the interest then due, and then the surplus is to be applied towards...and the interest is to be computed on the balance of the principal as aforesaid." The decision of Chancellor Kent has been adopted by the Supreme Court... | |
 | Howard Irving Smith - Finance - 1903 - 560 pages
...the interest continues on the former principal until the 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." A compound interest table showing the accumulation... | |
 | John Williston Cook, Nebraska C. Cropsey - Arithmetic - 1903 - 408 pages
...dueinterest continues on the former principal until the period -when the payments, taken together, exceed the interest due, and then the surplus is to be applied toward discharging the principal; and interest is to be computed on the balance as aforesaid. JVote.... | |
 | International Correspondence Schools - Administrators - 1903 - 650 pages
...but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied toward discharging the principal; and interest is to be computed on the balance of principal as aforesaid."... | |
 | Joseph Ray - Arithmetic - 1903 - 366 pages
...but interest continues on the former principal, until the period when the payments, taken together, exceed the interest due, and then the surplus is to be applied toward discharging the principal ; and interest is to be computed on the balance, as aforesaid." —... | |
 | Edward Voigt, Charles Voigt - Commercial law - 1904 - 836 pages
...but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the surplus is to...and the interest is to be computed on the balance." Under this rule no compound interest can be allowed. CHAPTER XIII. STATUTES OF LIMITATION. Statutes... | |
 | Business - 1905 - 168 pages
...principal; but interest continues on former principal until the 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. Interest Laws and Statutes of Limitations •Under seal,... | |
 | Wayland Everett Benjamin - Annotations and citations (Law) - 1906 - 602 pages
...principal, but interest continues on the former principal until the 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." INTEREST ON LEGACIES,—Continued. A legacy... | |
 | George Soulé - Business mathematics - 1910 - 1042 pages
...; but interest continues on the former principal until the 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. [See Chancellor Kent, Johnson's Chancery Rep.,... | |
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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... 
