 The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due.  The American Arithmetic - Page 172by James Robinson (of Boston.) - 1847Full view - About this book
 | George Roberts Perkins - Arithmetic - 1841 - 274 pages
...in the New York Chancery Reports: RULE. " The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place,...discharge of the interest then due. If the payment exceed the in. lerest, the surplus goes towards discharging the principal, and the subsequent interest... | |
 | Frederick Emerson - Arithmetic - 1846 - 318 pages
...the Chancellor's own words, as follows. " The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place,...then due. If the payment exceeds the interest, the surplus^goes towards discharging the principal, and the subsequent interest is to be computed on the... | |
 | George Roberts Perkins - Arithmetic - 1846 - 266 pages
...in the NewYork Chancery Report : RULE. " The rule fur casting interest, when partial payments have bee.n made., is to apply the payment, in the first...discharge of the interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
 | James Bates Thomson - Arithmetic - 1846 - 402 pages
...the United States, is the following. I. " The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. . II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and... | |
 | James Bates Thomson - Arithmetic - 1846 - 354 pages
...the United States, is the following. I. " The rule for easting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the... | |
 | James Bates Thomson - Arithmetic - 1846 - 362 pages
...the United States, is the following. I. " The rule for casting interest, when partials payments have been made, is to apply the payment, in the first place, to the discharge of the interest then dzie. II. " If the payment exceeds the interest, the surplus goes towards discharging the principal,... | |
 | William Vogdes - Arithmetic - 1847 - 324 pages
...Johnson's Chancery Reports, vol. ip 17. KULE. The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place...discharge of the interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
 | James Bates Thomson - Arithmetic - 1847 - 426 pages
...the United States, is the following. I. " The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. II. " If the payment exceeds the interest, the surplus goes towards discharging the principal, and... | |
 | James Bates Thomson - Arithmetic - 1848 - 434 pages
...the United States, is the following. I. " The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. II. " If the payment exceeds the interest, the surplus goes towards discharging the principal, and... | |
 | Florida. Supreme Court - Law reports, digests, etc - 1848 - 786 pages
...rs. ORLOFF M. DORMAN, APPELLEE. When partial payments are made, the rule, with respect to interest, is to apply the payment in the first place to the discharge of the interest due at the time of payment. If the payment exceeds the interest, the surplus must be applied to the... | |
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