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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... "
A Treatise on Arithmetic ... - Side 364
av Noble Heath - 1855 - 455 sider
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Practical Arithmetic, Uniting the Inductive with the Synthetic Mode of ...

James Bates Thomson - 1846 - 402 sider
...I. " 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. . II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and...
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The United States Arithmetic: Designed for Academies and Schools

William Vogdes - 1847 - 324 sider
...KULE. 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 exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest...
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Higher Arithmetic: Or, The Science and Application of Numbers; Combining the ...

James Bates Thomson - 1847 - 426 sider
...I. " 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. II. " If the payment exceeds the interest, the surplus goes towards discharging the principal, and...
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Cases Argued and Adjudged in the Supreme Court of Florida, Volum 2

Florida. Supreme Court - 1848 - 786 sider
...Second Volume. INTEREST. — 1. When partial payments are made, the fine, with respect to interest, is to apply the payments in the first place to the discharge of the interest due at the time of payment. If the payment exceeds the ' Interests, the surplus must he applled to...
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Higher Arithmetic; Or, The Science and Application of Numbers: Combining the ...

James Bates Thomson - 1848 - 434 sider
...I. " 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. II. " If the payment exceeds the interest, the surplus goes towards discharging the principal, and...
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An Elemtary Arithmetic ...: Serving as an Introduction to the Higher ...

George Roberts Perkins - 1849 - 346 sider
...RULE. " 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 exceed the interest, tht surplus goes towards discharging the principal, and the subsequent interest...
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Higher Arithmetic: Designed for the Use of High Schools, Academies, and ...

George Roberts Perkins - 1849 - 356 sider
...RULE. " 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 exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest...
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Rainey's Improved Abacus: An Explanatory Treatise on the Theory and Practice ...

Thomas Rainey - 1849 - 334 sider
...I. " 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. II. "If the payment exceeds the interest, the surplus goes toward discharging the principal ; and the...
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Higher Arithmetic: Designed for the Use of High Schools, Academies, and ...

George Roberts Perkins - 1850 - 356 sider
...RULE. " 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 exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest...
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An Elementary Arithmetic Serving as an Introduction to the Higher Arithmetic

George Roberts Perkins - 1850 - 364 sider
...rule for casting interest, when partial payments have been made, is to apply the payment, in thejlrst place, to the discharge of the interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest...
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