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" If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not... "
A Practical and Theoretical System of Arithmetic: Containing Several New ... - Seite 124
von George Willson - 1836 - 192 Seiten
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The Prussian Calculator: By which All Business Calculations are Performed by ...

Isaac A. Clark - 1846 - 218 Seiten
...towards discharging the principal, and the subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than the interest, the surplus interest must not be taken to augment the principal; but interest continues on the former principal...
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The American Arithmetic

James Robinson (of Boston.) - 1847 - 304 Seiten
...the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. " If the payment...the principal; but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the...
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Higher Arithmetic: Or, The Science and Application of Numbers; Combining the ...

James Bates Thomson - 1847 - 426 Seiten
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. III. " If the payment be less than the interest, the surplus...the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the...
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Cases Argued and Adjudged in the Supreme Court of Florida, Band 2

Florida. Supreme Court - 1848 - 786 Seiten
...toward discharging the principal ; and the subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than...the principal ; but interest continues on the former principal, until the period when the payments, taken together, exceed the interest due; and then the...
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Higher Arithmetic; Or, The Science and Application of Numbers: Combining the ...

James Bates Thomson - 1848 - 434 Seiten
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. III. "If the payment be less than the interest, the surplus...the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the...
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Higher Arithmetic: Designed for the Use of High Schools, Academies, and ...

George Roberts Perkins - 1849 - 356 Seiten
...towards discharging the principal, and the subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than...the principal; but interest continues on the former principal until the period when the payments, taken together, equal or exceed the interest due, and...
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Rainey's Improved Abacus: An Explanatory Treatise on the Theory and Practice ...

Thomas Rainey - 1849 - 334 Seiten
...and the subsequent interest is to be computed on the balance of the principal remaining due. III. " If the payment be less than the interest, the surplus...the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed the interest due, and then the...
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Rainey's Improved Abacus: An Explanatory Treatise on the Theory and Practice ...

Thomas Rainey - 1849 - 320 Seiten
...; and the subsequent interest is to be computed on the balance of the principal remaining due. III. "If the payment be less than the interest, the surplus...to augment the principal ; but interest continues en the former principal until the period when the payments, taken together, exceed the interest due,...
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An Elemtary Arithmetic ...: Serving as an Introduction to the Higher ...

George Roberts Perkins - 1849 - 346 Seiten
...subsequent interest is to be computed on the balance of principal remaining due. If the payment le less than the interest, the surplus of interest must...the principal ; but interest continues on the former principal until the period when the, payments taken together exceed the interest due, and then the...
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The Speedy Calculator: Being a System of Arithmetic

Benjamin Naylor - 1850 - 334 Seiten
...the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment...the principal, but interest continues on the former principal until the period when the payments taken together exceed the interest due, and then the surplus...
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