Hidden fields
Books Books
" If the payment be less than the interest, the surplus of the 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... "
Cobb's Explantory Arithmetick, Number Two: Containing the Compound Rules ... - Page 160
by Lyman Cobb - 1836 - 216 pages
Full view - About this book

The North American Arithmetic: Part Third, for Advanced Scholars

Frederick Emerson - Arithmetic - 1839 - 300 pages
...interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the...be less than the interest, the surplus of interest muat not be taken to augment the principal; but interest continues on the former principal until the...
Full view - About this book

The North American Arithmetic: part third

Frederick Emerson - 1840 - 302 pages
...interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the...be less than the interest, the surplus of interest mu.it not be taken to augment the principal; but interest continues on the former principal until the...
Full view - About this book

Ruger's Arithmetick, with Questions and Answers: A New System of Arithmetick ...

William Ruger - Arithmetic - 1841 - 268 pages
...interest, the surplus goes towards discharging the-principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the...on the former principal until the period When the pSynlents, taken together, exceed the interest due, and then the surplus is to be applied towards discharging...
Full view - About this book

Arithmetic: As Taught in the Troy Episcopal Institute

W. F. Walker - Arithmetic - 1841 - 246 pages
...surplus goes towards discharging the principal, and the subsequent interest is to be computed on th& balance of principal remaining due. If the payment...taken to augment the principal; but interest continues ons the former principal, until the period when the payments taken together exceed the interest due,...
Full view - About this book

A Treatise on the Law of Usury ; to which are Added, the Statutes of the ...

Jeremiah W. Blydenburgh - Interest - 1844 - 364 pages
...interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until...
Full view - About this book

The North American Arithmetic: Part Third, for Advanced Scholars

Frederick Emerson - Arithmetic - 1846 - 318 pages
...interest, the surplus^goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the...payments, taken together, exceed ^ the interest due, unit then the surplus is to be appliedfowards discharging the principal; and interest is to be computed...
Full view - About this book

Practical Arithmetic: Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - Arithmetic - 1846 - 362 pages
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. III. " If the payment be less than the interest, the surplus...continues on the former principal until the period lehen the payments, taken together, exceed the interest due, and then the surplus is to be applied...
Full view - About this book

The Prussian Calculator: By which All Business Calculations are Performed by ...

Isaac A. Clark - Arithmetic - 1846 - 204 pages
...the balance of the principal remaining due. If the payment be leas t han the interest, the surplus interest must not be taken to augment the principal;...when the payments taken together exceed the interest then di.e, and then the surplus goes towards discharging the debt. The interest is computed on the...
Full view - About this book

The Prussian Calculator: By which All Business Calculations are Performed by ...

Isaac A. Clark - Arithmetic - 1846 - 218 pages
...towards discharging the principal, and the subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than the interest, the surplus interest must not be taken to augment the principal; but interest continues on the former principal...
Full view - About this book

Higher Arithmetic: Designed for the Use of High Schools, Academies, and ...

George Roberts Perkins - Arithmetic - 1849 - 356 pages
...towards discharging the principal, and the subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than...until the period when the payments, taken together, equal or exceed the interest due, and then the surplus is to be applied towards discharging the principal...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF