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Bøker Bok 4150 av 162The rule for casting interest, when partial payments have been made, is to apply...
" 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 North American Arithmetic: Part Third, for Advanced Scholars - Side 102
av Frederick Emerson - 1846 - 288 sider
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... An Elementary Arithmetic ... Serving as an Introduction to the Higher ...

George Roberts Perkins - 1850 - 347 sider
...or indorsements,* the rule adopted by the Supreme Court of the United States is as follows : RULE. " The 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...
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The American Arithmetic: In which the Principles of Numbers are Explained ...

James Robinson (Jr.) - 1851 - 324 sider
...States, for computing the interest. It is given in the language of Chancellor Kent, of New York. " The rule for casting interest, when partial payments...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...
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A THEORETICAL AND PRACTICAL ARITHMETIC

DANIEL LEACH, WILLIAM D. SWAN - 1851
...computing interest on bonds and notes when partial payments have been endorsed on them : — RULE. " The rule for casting interest, when partial payments...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...
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An Elementary Arithmetic Designed for Academies and Schools: Also Serving as ...

George Roberts Perkins - 1851 - 347 sider
...or indorsements,* the rule adopted by the Supreme Court of the United States is as follows: RULE. " The rule for casting interest, when partial payments...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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North American Arithmetic: part third

Frederick Emerson - 1851
...computed by the above legal rule. " The rule for casting interest, when partial payments have been mode, is to apply the payment, in the first place, to the...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...
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Merchants' Magazine and Commercial Review, Volum 27

Freeman Hunt, William B. Dana - 1852
...stated by Chancellor Kent, in the case of The State of Connecticut v. Jackson, in which he says : — "The rule for casting interest, when partial payments...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...
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Merchants' Magazine and Commercial Review, Volum 27

Freeman Hunt, William B. Dana - 1852
...Jackson, in which he says : — "The rule for casting interest, when partial payments have been made, м to apply the payment, in the first place, to the discharge...then due. If the payment exceeds the interest, the surplus goes toward diecharging the principal, and the subsequent interest is to be computed on the...
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Stoddard's Practical Arithmetic

John Fair Stoddard - 1852 - 299 sider
...on notes, and other obligations, where partial payments have been made, is & follows : — RULE. " Apply the payment, in the first place, to the discharge of the interest then due. ~ If the payment exceed the interest, the surplus gnex towards discharging the principal, and the subsequent interest...
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A Theoretical and Practical Arithmetic: Designed for Common Schools and ...

Daniel Leach - 1853
...computing interest on bonds and notes when partial payments have been endorsed on them : — RULE. " The rule for casting interest, when partial payments...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...
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A Practical and Theoretical Arithmetic: Designed for the Use of Schools and ...

Charles D. Lawrence - 1854 - 310 sider
...States for finding the amounts due on notes on which partial payments have been made, is as follows i "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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