 | Edwin Troxell Freedley - 1859 - 200 pages
...the testator's death. A rule fur computation of interest when partial payments have been made. — Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal, and from the sum subtract... | |
 | James Bates Thomson - Arithmetic - 1860 - 402 pages
...computing the interest adopted by the Supreme Court of the United States, is the following : I. Cast the interest on the principal to the time of the first payment ; if the payment exceeds the interest, subtract the excess from the principal, and cast the interest on the balance... | |
 | James Bates Thomson - Arithmetic - 1860 - 440 pages
...1846, $45. Sept. 13th, 1846, $480. What was the balance due Jan. 1st, 1847 ? CONNECTICUT RULE. 417. I. " Compute the interest on the principal to the time of the first payment ; if that be one year or more from the time the interest commenced, add it to the principal, and deduct... | |
 | Charles Davies - Arithmetic - 1861 - 496 pages
...payments have been made. The same rule is also adopted in Massachusetts, and in most of the other States. Rule. I. Compute the interest on the principal to...the first payment ; if the payment equals or exceeds Ihis interest, add the interest to the principal, and from the sum subtract the payment ; the remainder... | |
 | Daniel Adams - Arithmetic - 1861 - 452 pages
...scrupulously correct, and will here be denominated the Simple Interest Rule in cases of Partial Payments. I. Compute the interest on the principal to the time of the first payment, and reserve the interest. Deduct the payment from the principal, and compute the interest on the balance... | |
 | Charles Davies - Arithmetic - 1863 - 346 pages
...and pence ? made. The same rule is also "adopted in Massachusetts, and in most of the other States. Rule. I. Compute the interest on the principal to the time of the first payment, and if the payment exceeds fhis interest, add the interest to the principal, and from the sum subtract... | |
 | Edward Brooks - Arithmetic - 1863 - 350 pages
...indorsements, we have the following rule, called the UNITED STATES RULE. I. Find the interest and amount of the principal to the time of the first payment; if the payment is greater than the interest, subtract the payment from the amount and treat die remainder as a new... | |
 | Stoddard A. Felter - Arithmetic - 1864 - 412 pages
...by all the states of the Union, with the exception of Connecticut, and New Hampshire. RULE. — L " Compute the interest on the principal to the time of the first payment, and, if the payment exceed this interest, add the interest to the principal, and from the sum subtract... | |
 | Bernard Roelker - Banking law - 1864 - 410 pages
...NEW-JERSEY. 32. The true rule of calculating interest where partial payments have been made, is to cast the interest on the principal to the time of the first payment ; and if the payment equals, or is greater than the interest, deduct the payment ; if the payment does... | |
 | James Bates Thomson - Arithmetic - 1864 - 392 pages
...20th, 1845, $200. "What was the balance due on the note, Aug. 1st, 1845? CONNECTICUT RULE. 249. T. "Compute the interest on the principal to the time of the first paytnent; if tluit be one year ur more from the time the interest commenced, add it to the principal,... | |
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Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal and from the sum subtract the payment: the remainder forms a new principal. II. 
