 We shall now give the rule established in New York (see Johnson's Chancery Reports, vol. i., page 17,) for computing the interest on a bond or note, when partial payments have been made. The same rule is also adopted in Massachusetts, and in most of the...  Mental and Practical Arithmetic - Page 217by Charles Davies - 1838 - 288 lehteFull view - About this book
 | Leonard Pierce - 1823 - 170 lehte
...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 lehte
...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 lehte
...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 lehte
...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 lehte
...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 lehte
...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 Davies - 1833 - 284 lehte
...when it becomes due ? Ans. $349,04+. We shall now give the rule established in NewYork, (See Johnson's Chancery Reports, Vol. I. page 17,) for computing the interest on a bo"'' nr note, when partial payments have been made 18 same rule is also adopted in Massachusetts,... | |
 | Charles Guilford Burnham - 1837 - 266 lehte
...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 lehte
...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 - 666 lehte
...Springs. Ans. $1113,40 + . § 16O- We shall now give the rule established in New York, (See Johnson's Chancery Reports, Vol. I. page 17,) for computing...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... | |
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