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Bøker Bok 6170 av 79If 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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The American State Reports: Containing the Cases of General Value ..., Volum 56

Abraham Clark Freeman - 1897
...Hence, when partial payments have been made, the rule for casting interest Is to apply the payment, lu 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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New Practical Arithmetic

Eugene L. Dubbs - 1901 - 440 sider
...the states of the Union. 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 Commercial Year Book, Volum 6

1901
...this: " \Vhen partial payments have been made, apply the payment, in the Hrst place. to the discharging of the interest then due. If the payment exceeds the interest, the surplus goe* towards discharging the principal, and the subsequent interest is to be computed on the balance...
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Ray's Modern Practical Arithmetic: A Revised Edition of Ray's Practical ...

Joseph Ray - 1903 - 320 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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Principles of Law: Agency; Master and Servant; Bailments; Landlord and ...

1903
...principal." 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 toward discharging the principal, and the subsequent interest...
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The New Advanced Arithmetic

John Williston Cook, Nebraska C. Cropsey - 1903 - 327 sider
...RULE. 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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The American State Reports: Containing the Cases of General Value ..., Volum 96

Abraham Clark Freeman - 1903
...partial payments have been made, is to apply the payment, in the first place, to the discharge of tho 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 Business Law of Wisconsin: With a Collection of Practical Forms for the ...

Edward Voigt, Charles Voigt - 1904 - 800 sider
...therewith." It is the law in Wisconsin that "when partial payments have been made, the payment is to apply in the first place to the discharge of the interest...the payment exceeds the interest, the surplus goes toward the discharge of the principal, and the subsequent interest is to be computed on the balance...
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Soulé's philosophic practical mathematics: designed for the use of ...

George Soulé - 1910 - 1002 sider
...been made, is to apply the payment, in tbe first place, to the discharge of the interest due. II. — If the payment exceeds the interest, the surplus goes...towards discharging the principal, and the subsequent iuterest is to be computed on the balance of principal remaining due. III. — If tbe payment be less...
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Reports of Cases Decided in the Supreme Court of the State of Oregon, Volum 82

Oregon. Supreme Court, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, William Wallace Thayer, Frank A. Turner, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Bellinger, Charles Byron - 1917
...thus: "The rule for casting interest, where 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 toward discharging the principal, and the subsequent interest is to be computed on the balance of principal...
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