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" The rule for casting interest, when partial payments have been made, is to apply the payment, in the first place, to the discharge of the interest then due. " If the payment exceeds the interest, the surplus goes towards discharging the principal, and... "
The New Practical Arithmetic - Página 316
por Waite A. Schoemaker - 1887 - 404 páginas
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Reports of Cases Adjudged in the Court of Chancery of New-York ..., Volumen7

New York (State). Court of Chancery, William Johnson - 1824 - 748 páginas
...and defended by the Chancellor, in the case of Thompson v. Berry, 3 JCR395. 24. The rule for casting interest, when partial payments have been made, is to apply the payment, in the first instance, to the discharge of the interest then due. If the payment exceeds the interest, the surplus...
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A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 544 páginas
...Rule U established for the practice of the Courts in the State of New- York. " The Rule for casting Interest, when partial payments have been made, is...the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and...
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Cobb's Explanatory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - 1832 - 228 páginas
...established for the practice of the Courtt ' in the State of New York. "The Rule for casting interest, where partial payments have been made, is to apply the payment,...the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and...
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A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - 1832 - 282 páginas
...practice qf the Courts in the State of New York : RULE I. — "The Rule for casting Interest, where partial payments have been made, is to apply the payment,...the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal,...
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The North American Arithmetic: Part Third, for Advanced Scholars, Volumen3

Frederick Emerson - 1834 - 300 páginas
...by chancellor KENT, and here given in the Chancellor's own words, as follows. " The rule for casting interest, when partial payments have been made, is...the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal,...
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Every Man His Own Teacher: Being an Introduction to Arithmetic, Whereby ...

John Preston - 1834 - 312 páginas
...Chancery Reports: of New York, Vol. 1 p. 17. CONNECTICUT v. JACKSON. When part payments have been made, apply the payment in the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal,...
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Cobb's Explantory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - 1836 - 228 páginas
...established far the practice of the Courts in the State of New York. "The Rule for casting interest, where partial payments have been made, is to apply the payment,...the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, nnd...
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Reports of Cases Argued and Determined in the Supreme Court of Judicature of ...

Indiana. Supreme Court, Isaac Newton Blackford - 1836 - 550 páginas
...following is the language of Chancellor Kent on this subject: — "The rule for casting interest, where partial payments have been made, is to apply the payment,...the first place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal,...
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A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - 1836 - 274 páginas
...practice of the Courts in the Slate of New-York : RULE I.—" The Rule for casting Interest, where partial payments have been made, is to apply the payment, in the first place, to the dis-' charge of the interest then due. If the payment exceeds the interest, the surplus goes towards...
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A Practical and Theoretical System of Arithmetic...: Also, a Treatise on ...

George Willson - 1836 - 202 páginas
...Chancellor Kent, of the state of New-York. According to this decision, the method of casting interest is, to " apply the payment in the first place to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal,...
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