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. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the... A Treatise on Arithmetic ... - Page 364by Noble Heath - 1855 - 455 pagesFull view - About this book
| James Bates Thomson - Arithmetic - 1846 - 402 pages
...for computing the interest adopted by tlie Supreme Court of 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... | |
| George Roberts Perkins - Arithmetic - 1846 - 266 pages
...following rule, which was given by CHANCKLLOR KENT, 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 place, to the discharge of the interest then due. If the payment exceed the interest,... | |
| William Vogdes - Arithmetic - 1847 - 324 pages
...Circuit Court Reports, p. 167, and by Chancellor Kent, in 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 , to the discharge of the interest then due. If the payment exceed the... | |
| James Bates Thomson - Arithmetic - 1847 - 426 pages
...for computing the interest adopted by the Supreme Court of 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... | |
| James Bates Thomson - Arithmetic - 1847 - 434 pages
...computing the interest adopted by the Supreme Court of the United States, is the following. I. " The ride 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... | |
| James Bates Thomson - Arithmetic - 1848 - 434 pages
...for computing the interest adopted by the Supreme Court of 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... | |
| Thomas Rainey - Arithmetic - 1849 - 320 pages
...most of the States of the Union, among which are Massachusetts and New York: SUPREME COURT RULE. I. " The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the disc/large of the interest then due. II. " If the payment exceeds... | |
| George Roberts Perkins - Arithmetic - 1849 - 356 pages
...use the following Rule, which was given by CHANCELLOR KENT, 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 to the discharge of the interest then due. If the payment exceed the interest,... | |
| George Roberts Perkins - Arithmetic - 1849 - 346 pages
...indorsements,• the rule adopted by the Supreme Court of the United States is as follows : RULE. " 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^- If the payment exceed the... | |
| George Roberts Perkins - Arithmetic - 1850 - 364 pages
...or indorsements,* the rule adopted by the Supreme Court of the United States is as follows : RULE. " The rule for casting interest, when partial payments have been made, is to apply the payment, in thejlrst place, to the discharge of the interest then due. If the payment exceed the interest,... | |
| |