 Find the amount of each payment from the time it was made to the time of settlement. III. Subtract the sum of the amounts of the payments from the amount of the principal, and the remainder will be the sum due.  A Practical Business Arithmetic ... - Page 186by Lorenzo Fairbanks - 1875Full view - About this book
 | Frederick Augustus Porter Barnard - 1830 - 304 pages
...advantage. Hence, the fol. lowing rule, I. FIND THE AMOUNT OF THE PRINCIPAL OF THE NOTE FOB THE WHOLE TIME. II. FIND THE AMOUNT OF EACH PAYMENT, FROM THE TIME IT WAS PAID, TILL THE TIME OF SETTLEMENT. III. ADD THE AMOUNTS OF THE PAYMENTS, AND DEDUCT THE SUM PROM THE... | |
 | George Leonard - 1841 - 356 pages
...principal at the time of settlement, alto the amount of each payment at the time of settlement, and then subtract the sum of the amounts of the. payments from the amount of the principal. This method is easy but illegal, and is considered unjust towards the lender ; for if you lend me $100... | |
 | George Leonard - 1841 - 354 pages
...principal at the time of settlement, also the amount of each payment at the time of settlement, and then subtract the sum of the amounts of the payments from the amount of the principal. This method is easy but illegal, and is considered unjust towards the lender ; for if you lend me $100... | |
 | George Leonard (jr.) - 1841 - 350 pages
...principal at the time of settlement, also the amount of each payment at the time of settlement, and then subtract the sum of the amounts of the payments from the amount of the principal. This method is easy but illegal, and is considered unjust towards the lender ; for if you lend me $100... | |
 | Joseph Ray - 1857 - 348 pages
...than a year, from the commencement of Int. Find the amount of the principal for the whole time; then find the amount of each payment from the time it was made to the time of settlement. Add toyellter the amounts of the several payments, and subtract their sum from the amount oftheprincipal;... | |
 | James Stewart Eaton - 1857 - 376 pages
...settlement. 2. find the amount of each payment from the time of payment to the time of settlement. 3. Subtract the sum of the amounts of the payments from the amount of the principal. Ex. 1. $600. Colchester, Ct., Dec. 15, 1852. For value received, I promise to pay Hayward, Burr & Co.,... | |
 | Dana Pond Colburn - 1858 - 288 pages
...is paid in full. (b.) In such cases, they find the amount of the note to the time of settlement, and the amount of each payment from the time it was made to the time of settlement ; then the excess of the amount of the note over the sum of the amounts of the several payments Trill... | |
 | Horatio Nelson Robinson - 1859 - 362 pages
...following is the VERMONT RULE. I. Find the amount of the principal from the time interest commenced to the time of settlement. II. Find the amount of...of the payments from the amount of the principal, and the remainder will be the sum due. RUTLAND, April 11, 1856. $600. 1. For value received, I promise... | |
 | James B. Dodd - 1859 - 368 pages
...been made. 1. Compute the interest on the account from the time it became due, and the interest on each payment from the time it was made, to the time of settlement. 2. Subtract the sum of all the payments and their interest from the sum of the account and its interest;... | |
 | Stoddard A. Felter - 1864 - 430 pages
...for a year or less. RULE. — I. " Find the amount of the principal from the time interest commenced, to the time of settlement. II. " Find the amount of...settlement. III. " Subtract the sum of the amounts from the amount of the principal and the remainder will be the sum due." 3. N"ew Hampshire has the... | |
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