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Bøker Bok 4150 av 76If the payment be less than the interest, the surplus of interest must not be taken...
" 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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Digest of the Decisions of the Supreme Court of Iowa: From the ..., Volum 2

Thomas Foster Withrow, Edward Holcomb Stiles - 1875
...Gr. 76. 8. In computing interest, when partial payments have been made, such payments are applied, in the first place, to the discharge of the interest...the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest should be computed on the principal then...
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Ray's New Practical Arithmetic: A Rev. Ed. of the Practical Arithmetic

Joseph Ray - 1877 - 336 sider
...reference to Partial Payments, is as follows: " When partial payments have been made, apply the payment, in the first place, to the discharge of the interest...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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Ray's New Practical Arithmetic: A Rev. Ed. of the Practical Arithmetic

Joseph Ray - 1877 - 336 sider
...: " When partial payments have been made, apply the payment, in the first place, to the dischargé 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 Progressive Higher Arithmetic: For Schools, Academies, and Mercantile ...

Horatio Nelson Robinson - 1875 - 456 sider
...that, 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 dischargiiig the principal, and...
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A New Complete Arithmetic: Uniting Oral and Written Exercises

Emerson Elbridge White - 1883 - 360 sider
...States, is called the UNITED STATES RULE. When partial payments have been made, apply the payment, in the first place, to the discharge of the interest...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 Northwestern Reporter, Volum 15

1883
...partial payments have been made, the payment Is to apply. In the Brst place, to the discharge of tlie interest then due. If the payment exceeds the interest, the surplus goes towar.ls d:*chaniing the principal, and the subsequent interest is to bo computed on the balance of...
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The Pacific Reporter, Volum 165

1917
...follows: "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...discharging the principal, and the subsequent interest is to ing due. If the payment is less than the interest, the surplus of interest must not be taken to augment...
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The Pacific Reporter, Volum 25

1891
...in State v. Jackson, 1 Johns. Ch. 13, "when partial payments have been made, is to apply the payment in the first place to the discharge of the interest...the payment exceeds the interest, the surplus goes towads discharging the principal, and the subsequent interest is to be computed on the balance of principal...
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How to Become Quick at Figures: Comprising the Shortest, Quickest, and Best ...

D. M. Garrett - 1886 - 200 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. INTEREST. II. — If the payment exceeds the interest, the surplus goes towards discharging the principal,...
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How to Become Quick at Figures: Comprising the Shortest, Quickest, and Best ...

D. M. Garrett - 1886 - 200 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. INTEREST. II. — If the payment exceeds the interest, the surplus goes towards discharging the principal,...
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