 | Leonard Pierce - 1823 - 170 Seiten
...the following manner, as established by the courts of law in Massachusetts : "Cast up the interest to the time of the first payment, and if the payment exceed the interest, deduct the excess from the principal, and cast the interest upon the remainder to the... | |
 | Zadock Thompson - 1828 - 238 Seiten
...would in time he extinguished hy the payment of the interest annually. II. Compute the interest up to the time of the first payment, and if the payment exceed the interest, deduct the excess from the principal, and cast the interest on the remainder up to the... | |
 | William Slocomb - 1828 - 160 Seiten
...interest, on which partial payments have, at different times, been made. — Some calculate the interest up to the time of the first payment, and if the payment exceed the interest, deduct the excess from the principal, and then again to the time of the second payment,... | |
 | William Kinne - 1829 - 246 Seiten
...Massachusetts, established the following more equitable Rule. — When there are endorsements, find the interest on the principal to the time of the first payment, add it to the principal, and from the sum subtract the payment then made; if the endorsement be not... | |
 | William Kinne - 1831 - 248 Seiten
...of Massachusetts, established the following more equitahle Rule.—When there are endorsements, find the interest on the principal to the time of the first payment, add it to the principal, and from the sum subtract the payment then made ; if the endorsement be not... | |
 | Zadock Thompson - 1832 - 182 Seiten
...would in time oe extinguished by the payment of the interest annually. II. Compute the interest up to the time of the first payment, and if the payment exceed the interest, deduct the excess from the principal, and cast the interest on the remainder up to the... | |
 | Charles Guilford Burnham - 1837 - 266 Seiten
...following is the more general method, and is established by law in Massachusetts. Compute the interest up to the time of the first payment ; and if the payment exceed the interest, deduct the excess from the principal, and cast the interest on the remainder up to the... | |
 | Charles Guilford Burnham - 1841 - 324 Seiten
...partial payments have been made. The following is, in substance, the RULE : Compute the interest up to the time of the first payment ; and if the payment exceed the interest, deduct the excess from the principal, and cast the interest on the remainder up to the... | |
 | Charles Davies - 1844 - 356 Seiten
...have been made. The same rule is also adopted in Massachusetts, and in most of the other states. RUtE. I. Compute the interest on the principal to the time...payment: the remainder forms a new principal. II. Hut if the payment is less than the interest, take no notice of it until other payments are made, which... | |
 | Charles Davies - 1844 - 666 Seiten
...have been made. The same rule is also adopted in Massachusetts, and in most of the other states. RDXE. I. Compute the interest on the principal to the time of the fast payment, and if the payment exceed this interest, add the interest to the principal and from the... | |
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Compute the interest on the principal to the time of the first payment, and if the payment exceed this interest, add the interest to the principal and from the sum subtract the payment : the remainder forms a new principal. 
