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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 Treatise on Arithmetic ... - Side 364
av Noble Heath - 1855 - 455 sider
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The Progressive Higher Arithmetic: For Schools, Academies, and Mercantile ...

Horatio Nelson Robinson - 1875 - 468 sider
...where partial payments have been made, the Supreme Court of the United States has decided 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...
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Tiffany's Special Agent's and Adjusters' Assistant: Containing Numerous ...

Henry Stanton Tiffany - 1887 - 466 sider
...Per cent, divide by 3 15 Per cent, divide by 24 18 Per cent, divide by 2 20 Per cent, divide by 18 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...
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Ray's New Higher Arithmetic: A Revised Edition of the Higher Arithmetic

Joseph Ray - 1880 - 420 sider
...exceptions, by the several states of the Union, and is known as the "United States Rule:" US Rule. — 1. " 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 due. 2. "If the payment exceeds the interest,...
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Ray's New Higher Arithmetic: A Revised Edition of the Higher Arithmetic

Joseph Ray - 1880 - 420 sider
...exceptions, by the several states of the Union, and is known as the "United States Rule:" US Kule. — 1. " The rule for casting interest when partial payments have been made, is to apply Hie payment, in tiw first place, to the discharge of the interest due. 2. "If the payment exceeds the...
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The Pacific Reporter, Volum 165

1917 - 1232 sider
...Ed. 200, the rule for casting interest in this country when partial payments are made is as 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 then due. If the payment exceeds the...
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How to Become Quick at Figures: Comprising the Shortest, Quickest and Best ...

D. M. Garrett - 1886 - 210 sider
...problem under these rules, and the pupil can see the difference readily. The United States 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. INTEREST. II. — If the...
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How to Become Quick at Figures: Comprising the Shortest, Quickest, and Best ...

D. M. Garret - 1886 - 202 sider
...problem under these rules, and the pupil can see the difference readily. The United States Eule. 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...
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Tiffany's Digest of Depreciations, with the Addition of Numerous Tables ...

Henry Stanton Tiffany - 1890 - 96 sider
...Per cent. divide by 8 15 Per cent. divide by 24 18 Per cent, divide by 2 20 Per cent. divide by 18 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...
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Robinson's New Higher Arithmetic: For High Schools, Academies, and ...

Horatio Nelson Robinson - 1895 - 526 sider
...interest when partial payments have been made, the Supreme Court of the United States has decided that : " 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...
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Higher Book

William Seneca Sutton - 1896 - 342 sider
...the amount then paid. 264. The following, in the words of its author, is the UNITED STATES BULE. 1. " 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. 2. . " If the payment exceeds...
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