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" ... 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 of the year : add it to the sum paid, and deduct that sum from the principal... "
Ray's New Higher Arithmetic: A Revised Edition of the Higher Arithmetic - Page 265
by Joseph Ray - 1880 - 408 pages
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The Private Instructor, Or Mathematics Simplified: Comprising Every Thing ...

Jason M. Mahan - Arithmetic - 1839 - 312 pages
...the sum paid, and deduct that sum from the principal and interest added as 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....
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Tables of Interest and Discount: And Business Man's Assistant; Showing the ...

Nicholas Harris - Interest - 1840 - 126 pages
...the sum paid, and deduct that sum from the principal and interest, added as 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....
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Ruger's Arithmetick, with Questions and Answers: A New System of Arithmetick ...

William Ruger - Arithmetic - 1841 - 268 pages
...year ; add it to the sum paid, and deduct that sum trom the principal and interest added as above. If any payment be made of a less sum than the interest...payment, no interest is to be computed, but only on the principal sum, for any period." —Kirby,s Reports, page 49, \ . Y!ils Rule is founded on the following...
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The National Arithmetic ...: Combining the Analytic and Synthetic Methods ...

Benjamin Greenleaf - Arithmetic - 1841 - 334 pages
...the sum paid, and deduct that sum from the 2)rincipal and interest, added together.* If any payments be made of a less sum than the interest arisen at...payment, no interest is to be computed, but only on the principal sum for any period. (11.) Wethersfield, June 1, 1828. For value received, I promise JD...
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A Practical Treatise on Arithmetic, [etc.].

George Leonard - Arithmetic - 1841 - 356 pages
...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 arisen at...payment, no interest is to be computed, but only on the principal sum for any period. Example 1. lesson 131, is performed by this rule, thus : Principal,...
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A Practical Treatise on Arithmetic: Wherein Every Principle Taught is ...

George Leonard - 1841 - 356 pages
...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 arisen at...payment, no interest is to be computed, but only on the principal sum for any period. Example 1. lesson 131, is performed by this rule, thus ; Principal,...
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A Practical Treatise on Arithmetic ...: Combining the Useful Properties of ...

George Leonard (jr.) - Arithmetic - 1841 - 350 pages
...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 arisen at...payment, no interest is to be computed, but only on the principal sum for any period. Example 1, lesson 131, is performed by this rule, thus ; Principal,...
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Arithmetic on the Productive System: Accompanied by a Key and Cubical Blocks

Roswell Chamberlain Smith - Arithmetic - 1841 - 324 pages
...and interest, added as above.* " "If any payments be made of a less sum than the interest arisen nl the time of such payment, no interest is to be computed, but only on the principal sum for any period." 39. For value received, I promise to pay Peter Trusty, or order,...
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Arithmetical Spyglass and Teacher's Assistant: Intended as a Key and ...

Charles Waterhouse - Arithmetic - 1842 - 180 pages
...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 arisen at...payment, no interest is to be computed, but only on the principal sum for any period." Kirby's Reports, page 49. COMPOUND INTEREST. RULE. — The required...
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Call's Decimal Arithmetic: On a New and Improved Plan Throughout, Comprising ...

Osman Call - Arithmetic - 1842 - 200 pages
...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 arisen at...payment, no interest is to be computed but only on the principal sum for any period. Peterboro', June 1, 1S2-*. For value received, I promise to pay E....
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