 | Horatio Nelson Robinson - 1859 - 362 pages
...remainder as a new principal. II. But if the interest be greater than any payment, cast the interest on the same principal to a time when the sum of the payments shall equal or exceed the interest due ; subtracting the sum of the payments from the amount of the... | |
 | Daniel W. Fish - 1874 - 302 pages
...as to compound the interest. Upon this principle is based the rule prescribed by the Supreme Court of the United States : US RULE. — I. Find the amount...subtract the sum of the payments from that amount. 1500. PHILADELPHIA, Feb. 1, 1875. 2. Three months after date, I promise to pay to J. B Lippincott &... | |
 | Daniel W. Fish - 1875 - 350 pages
...first payment, and if this payment equals or exceeds the interest then due, subtract it from the amount obtained, and treat the remainder as a new principal....Proceed in the same manner with the remaining payments. $1000. RICHMOND, Oct. 1, 1874. 2. Two years after date, for value received, I promise to pay Smith... | |
 | Horatio Nelson Robinson - 1875 - 462 pages
...remainder as a new principal. II. But if the interest lie greater than any payment, compute the interest on the same principal to a time when the sum of the payments shall cgual or exceed the interest due, and subtract the sum of the payments from the amount of the... | |
 | Daniel W. Fish - 1876 - 302 pages
...as to compound the interest. Upon this principle is based the rule prescribed by the Supreme Court of the United States : US RULE. — I. Find the amount...after date, I promise to pay to J. B Lippincott & Co., or order, Jive hundred dollars, with interest, without defalcation. Value received. JAMES MONROE.... | |
 | Daniel W. Fish - 1876 - 296 pages
...this principle is based the rule prescribed by the Supreme Court of the United States : US RULE.—I. Find the amount of the given principal to the time...subtract the sum of the payments from that amount. $500. PHILADELPHIA, Feb. 1, 1875. 2. Three months after date, I promise to pay to J. B Lippincott &... | |
 | Malcolm MacVicar - 1876 - 412 pages
...as the new principal. II. If the payment is less than the interest due, find the amount of the given principal to a time when the sum of the payments equals...then due, and subtract the sum of the payments from this amount, and regard the remainder as the new principal. III. Proceed with this new principal and... | |
 | James Bates Thomson - 1876 - 400 pages
...less than the interest, find the amount of the same principal to the next payment, or to the period when the sum of the payments equals or exceeds the interest then due, m1d subtract the sum of the payments from this amount. Proceed in this manner with the balance to the... | |
 | Frederic William Bardwell - 1878 - 416 pages
...remainder as a new principal. II. But if the interest be greater than the payment, compute the interest on the same principal to a time when the sum of the payments shall equal or exceed the interest due, and subtract the sum of the payments from the amount of the... | |
 | Joseph Ficklin - 1881 - 412 pages
...any payment is less than the accrued interest, compute the interest on the same principal, to a date when the sum of the payments equals or exceeds the...then due, and subtract the sum of the payments from the amount, and regard the remainder as a new principal. 3. Proceed in the same manner with the remaining... | |
| |
RULE. — I. Find the amount of the given principal to the time of the first payment, and if this payment equals or exceeds the interest then due, subtract it from the amt. 
