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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... "
A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ... - Página 150
por William Ruger - 1836 - 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 of interest must not be taken to augment the principal ; but interest continues on the former principal, until the period when the payments...
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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...interest, the surplus of interest must not be taken to augment the principal ; but interest continues en the former principal until the period when the payments,...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1822 - 536 páginas
...when partial payments hare kern mailf1, is to apply the payment, in the first place, to the dinebarge of the interest then due. If the payment exceeds the...the surplus goes towards discharging the principal, aud the subsequent interest is to be computed on the balance of principal remaining due. If the payment...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1822 - 562 páginas
...when partial payments have iiertj made, is ID apply the payment, in the firct place, to the disrharge of the interest 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 balance of...
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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
...when partial payments have been made, is to apply the payment, in the first instance, to the discharge of the interest then due. If the payment exceeds 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
...applied in discharge of the interest 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 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...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,...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 544 páginas
...the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest...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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Cobb's Explanatory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - 1832 - 228 páginas
...where 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 toward discharging the principal, and the subsequent interest is to be computed on the balance of principal...
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The North American Arithmetic: Part Third, for Advanced Scholars, Volumen3

Frederick Emerson - 1834 - 300 páginas
...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 of interest must not be taken to augment the principal; but interest continues on the former principal until the period when the payments,...
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