 | William Ruger - Arithmetic - 1836 - 274 pages
...payment be made of a less sum than the interest arisen at the time of such payment, no inte-i rest is to be computed, but only on the principal sum, for any period." —-' Reports, page 49. 7%is Rule is founiltd on tie fallowing principles : 1. That, when obligations... | |
 | Peirpont Edward Bates Botham - Arithmetic - 1837 - 252 pages
...to the sum paid, and deduct that sum from the principal and interest added as above. If any paymenl be made of a less sum than the interest arisen at...computed, but only on the principal sum, for any period." — Kirbyis Reports, p. 49. -X 1. Suppose a note was given on demand for 1000 dollars, dated February... | |
 | Roswell Chamberlain Smith - Arithmetic - 1838 - 304 pages
...compute the interest on the sum paid, from the time it was paid up to the end of the year ; add it to the sum paid, and deduct that sum from the principal...only on the principal sum for any period." 1. For valne received, I promise to pay Peter Truety, or order, Out Inon »nu;l Dollars, with ¡ute,oal. June... | |
 | Roswell Chamberlain Smith - 1839 - 308 pages
...compute the interest on the sum paid, from the time it was paid up to the end of the year ; add it to the sum paid, and deduct that sum from the principal...only on the principal sum for any period." 1. For vatae received, I promue to pay Peter Truity, or order, On* Ike» sand Dollars, with interest. June... | |
 | Nathan Daboll - 1839 - 220 pages
...compute the interest on the sum paid, from the time it was paid, up to the end of the year ; add it to the sum paid, and deduct that sum from the principal...computed, but only on the principal sum for any period." EXAMPLES. 1 . A note, dated January 4th, 1829, was given for $1000, on interest, at 6 per cent, and... | |
 | Benjamin Greenleaf - Arithmetic - 1839 - 356 pages
...year ; add it to the sum paid, and deduct that sum from the principal and interest, added together.* If any payments be made of a less sum than the interest...computed, but only on the principal sum for any period. (11.) Wethersfield, June 1, 1828. For value received, I promise JD to pay him, or order, nine hundred... | |
 | George Leonard (Jr.) - Arithmetic - 1839 - 362 pages
...the payment or payments up to the same time, and deduct their sum from the amount of the principal. If any payments be made of a less sum than the interest...of such payment, no interest is to be computed, but onltj on the principal sum fur any period. Example 1, lesson 126, is performed by this rule, thus :... | |
 | Jason M. Mahan - Arithmetic - 1839 - 312 pages
...before. If any payments be made of a less sum than the interest arisen at the time of such payments, no interest is to be computed, but only on the principal sum for any period. Examples. 1. A bond, dated January 1st, 1832, was given for 500 dollars, at 6 per cent, interest, on... | |
 | Nicholas Harris - Interest - 1840 - 126 pages
...above. If any payments be made of a less sum than the interest arisen at the time of such payments, no interest is to be computed, but only on the principal sum, for any period. IX AM PLE. $2,000. HARTFORD, Jan. 18th, 1837. For value received, I will pay to the order of N. Harris... | |
 | Roswell Chamberlain Smith - Accounting - 1841 - 306 pages
...compute the interest on the sum paid, from the time it was paid up to the end of the year ; add it to the sum paid, and deduct that sum from the principal...interest is to be computed, but only on the principal som for any period." 1. For vahie received, I promise to pay Peter Trusty, or order, Ouo Ihnn•and... | |
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If any payments be made before one year's interest has accrued, then compute the interest on the principal sum due on the obligation for ONE YEAR, add it to the principal, and compute the interest on the sum paid from the time it was paid up to the end... 
