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" The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the... "
Ruger's Arithmetick, with Questions and Answers: A New System of Arithmetick ... - Página 150
por William Ruger - 1841 - 263 páginas
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An Historical Treatise on the Practice of the Court of Chancery of the State ...

Dominick T. Blake - 1818 - 706 páginas
...the principal, and compute interest upon the balance of principal remaining due, to the next payment. If the payment be less than the interest, the surplus...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 discharging...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 538 páginas
...interest Ihon duo. If the payment exceeds the inthe surplus goes t .wards discharging the principal, anJ the Subsequent interest is to be computed on the balance...to augment the principal ; but interest continues en the former principal until the period when the payments, taken together, exceed the interest due....
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1822 - 536 páginas
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, aud the subsequent interest is to be computed on the balance...due. If the payment be less than the interest, the MMplus of interest must not be taken to augment the principal ; but interest continues on the former...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1822 - 562 páginas
...then due. If the payment exceeds the interest, the surplus goes to wan!? discharging the principal . and the subsequent interest is to be computed on the...principal remaining due. If the payment be less than tin- interest, the surplus of interest must not be taken to augment the principal; but interest continues...
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Reports of Cases Adjudged in the Court of Chancery of New-York ..., Volumen7

New York (State). Court of Chancery, William Johnson - 1824 - 748 páginas
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal ; and the subsequent interest is to be computed on the...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...
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The Office and Duties of Masters in Chancery and Practice in the Master's ...

Murray Hoffman - 1824 - 472 páginas
...then due. If tho payment exceeds the interest, the surplus goei towards discharging the principal, and the subsequent interest is to be computed on the balance of principal due. If the payment be IB-IS than the interest, the surplus interest. must not be taken to augment...
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A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - 1832 - 282 páginas
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the...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 discharging...
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Cobb's Explanatory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - 1832 - 228 páginas
...interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the...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...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 540 páginas
...exceeds the interest, the surplus goes toward discharging the principal, and the subsequent isterest is to be computed on the balance of principal remaining...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...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 544 páginas
...interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the...principal remaining due. If the payment be less than the imprest, the surplus of interest must not betaken to augment the principal; but interest continues...
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