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Books Books 1 - 10 of 141 on If the payment be less than the interest, the surplus of the interest must not be....  
" If the payment be less than the interest, the surplus of the interest must not be taken to augment the principal ; but interest continues on the former principal until the period when the payments, taken together, exceed the interest due... "
The North American arithmetic: part third, for advanced scholars - Page 104
by Frederick Emerson - 1846 - 288 pages
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A new and complete system of arithmetick: Composed for the use of the ...

Nicolas Pike - Arithmetic - 1832 - 532 pages
...interest Ihon duo. If the payment exceeds the inthe surplus goes t .wards discharging the principal, anJ the Subsequent interest is to be computed on the balance...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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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike, Chester Dewey - Arithmetic - 1822 - 532 pages
...disrharge of the interest then due. If the payment exceeds the interest, the surplus goes to wan!? discharging the principal . and the subsequent interest...principal remaining due. If the payment be less than tin- interest, the surplus of interest must not be taken to augment the principal; but interest continues...
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A new and complete system of arithmetick: composed for the use of the ...

Nicolas Pike - Arithmetic - 1822 - 532 pages
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, aud the subsequent interest is to be computed on the balance...due. If the payment be less than the interest, the MMplus of interest must not be taken to augment the principal ; but interest continues on the former...
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Reports of cases adjudged in the Court of Chancery of New-York: containing ...

New York (State). Court of Chancery, William Johnson, New York (State), New York (State). Court for the Trial of Impeachments and the Correction of Errors - Equity - 1824
...instance, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal ; and the subsequent...the payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until...
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The office and duties of masters in chancery and practice in the master's ...

Murray Hoffman - Equity pleading and procedure - 1824 - 437 pages
...applied in discharge of the interest then due. If tho payment exceeds the interest, the surplus goei towards discharging the principal, and the subsequent...interest is to be computed on the balance of principal due. If the payment be IB-IS than the interest, the surplus interest. must not be taken to augment...
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A new and complete system of arithmetick: composed for the use of the ...

Nicolas Pike - Mathematics - 1832 - 528 pages
...the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest...principal remaining due. If the payment be less than the imprest, the surplus of interest must not betaken to augment the principal; but interest continues...
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A new system of arithmetick: in which the rules are familiarly demonstrated ...

William Ruger - Arithmetic - 1836 - 263 pages
...to the dis-' charge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent...interest, the surplus of interest must not be taken to angmeat the principal, but interest continues on the former principal until the period when the payments,...
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A Practical and Theoretical System of Arithmetic: Containing Several New ...

George Willson - Arithmetic - 1836 - 192 pages
...place to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed nn the balance of principal remaining due. If the payment be less than the interest, the surplus of...
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A Digest of the Cases Decided and Reported in the Supreme Court of ..., Volume 2

William Johnson - Law reports, digests, etc - 1837
...the discharge of the interest then due. If the payment exceeds the interest, the surplus ¡гоез towards discharging the principal ; and the subsequent...principal remaining •due. If the payment be less [ »285 ; than the interest, the surplus interest must not be added to the principal ; but the interest...
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The common school arithmetic ...: To which is added a dictionary of ...

Arithmetic - 1837 - 238 pages
...place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent...balance of principal remaining due. If the payment be lesa than the Int., the surplus of interest must not be taken ti augment the principal, but interest...
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