 | Horatio Nelson Robinson - Arithmetic - 1845 - 310 pages
...balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest...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." Rule... | |
 | George Roberts Perkins - Arithmetic - 1846 - 266 pages
...balance of principal remaining due.. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest...interest is to be computed on the balance, as aforesaid. By whom was the above rule given ? You first compute the interest on the note from the time it was... | |
 | James Bates Thomson - Arithmetic - 1846 - 402 pages
...of principal remaining due. III. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest...interest is to be computed on the balance, as aforesaid." Note. — The above rule is adopted by Massachusetts, New York, and the other States of the Union,... | |
 | James Bates Thomson - Arithmetic - 1846 - 354 pages
...of principal remaining due. III. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest...interest is to be computed on the balance, as aforesaid)' Note. — The above rule is adopted by Massachusetts, New York, and the other States of the Union,... | |
 | Frederick Emerson - Arithmetic - 1846 - 318 pages
...balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not be taken to augment the principal; but interest...payments, taken together, exceed ^ the interest due, unit then the surplus is to be appliedfowards discharging the principal; and interest is to be computed... | |
 | Isaac A. Clark - Arithmetic - 1846 - 204 pages
...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; but interest...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... | |
 | James Bates Thomson - Arithmetic - 1846 - 362 pages
...of principal remaining due. III. " 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 lehen the payments, taken together, exceed the interest due, and then the surplus is to be applied... | |
 | Isaac A. Clark - Arithmetic - 1846 - 218 pages
...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 until the perioj when the payments taken together exceed the interest then di:e, and then the surplus goes towards... | |
 | James Bates Thomson - Arithmetic - 1847 - 426 pages
...of principal remaining due. III. " If the payment be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest...interest is to be computed on the balance as aforesaid." Note.— The above rule is adopted by New York, Massachusetts, and most of the other States of the... | |
 | James Robinson (of Boston.) - 1847 - 304 pages
...balance of principal remaining due. " If the payment be less than the interest, the surplus of interest must not be taken to augment the principal; but 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,... | |
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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... 
