 | James Bates Thomson - Arithmetic - 1847 - 434 pages
...taken to augment the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed the interest...as aforesaid" Note.— The above rule is adopted by New York, Massachusetts, and most of the other States of the Union. It is given in the language of... | |
 | James Robinson (of Boston.) - 1847 - 304 pages
...taken to augment the principal; but interest continues on the former principal until the period when the payments, taken together, exceed the interest...interest is to be computed on the balance, as aforesaid." 83. $1250.00. Boston, January 1st, 1846. For value received, I promise to pay William Briggs, or order,... | |
 | William Vogdes - Arithmetic - 1847 - 324 pages
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. when the payments, taken together, exceed the interest...interest is to be computed on the balance as aforesaid. EXAMPLES. Philadelphia, November 1, 1841. 1. For value received, I promise to pay to Peter Haines,... | |
 | James Bates Thomson - Arithmetic - 1847 - 432 pages
...taken to augment the principal; but interest continues on the former principal until the period when the payments, taken together, exceed the interest...applied towards discharging the principal ; and interest il to be computed on tlie. balance as aforesaid." Note. — The above rule is adopted by New York,... | |
 | James Bates Thomson - Arithmetic - 1848 - 432 pages
...taken to augment the principal; but interest continues on the former principal until the period when the payments, taken together, exceed the interest...interest is to be computed on the balance as aforesaid." Note.—The above rule is adopted by New fork, Massachusetts, and most of the other States of the Union.... | |
 | Florida. Supreme Court - Law reports, digests, etc - 1848 - 786 pages
...taken to augment the principal ; but interest continues on the former principal, until the period when the payments, taken together, exceed the interest...principal, and interest is to be computed on the balance of principal as aforesaid;" and this rule is sustained by Penrose vs. Hart, 1 Dall., 378. Light foot... | |
 | James Bates Thomson - Arithmetic - 1848 - 434 pages
...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 is to be applied towards discJiarging the principal ; and interest is to be computed on the balance as aforesaid." Note. —... | |
 | George Roberts Perkins - Arithmetic - 1849 - 346 pages
...taken to augment the principal ; but interest continues on the former principal until the period when the, payments taken together exceed the interest due,...interest is to be computed on the balance, as aforesaid." The above rule has been adopted by New York, Massa* From a Latin phrase, in dorso, meaning " upon the... | |
 | George Roberts Perkins - Arithmetic - 1849 - 356 pages
...interest continues on the former principal until the period when the payments, taken together, equal or exceed the interest due, and then the surplus is to...interest is to be computed on the balance, as aforesaid." UTICA, May 16, 1839. 1. For value received, I promise to pay AB, or order, three hundred and twenty... | |
 | Thomas Rainey - Arithmetic - 1849 - 334 pages
...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 is to be applied toward discharging the principal ; and interest is to be computed on the balance as aforesaid." A.... | |
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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... 
