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" United States Rule. — Find the amount of the principal to a time when a payment, or the sum of two or more payments, equals or exceeds the interest due, and from the amount subtract such payment or payments. "
Arithmetic for Schools - Page 225
by Charles Smith - 1895 - 329 pages
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A Practical Treatise on Arithmetic

George Leonard - Arithmetic - 1842 - 352 pages
...second payment, and so on. If a payment be less than the interest, cast the interest up to the time when the sum of two or more payments, equals or exceeds the interest, deduct the interest from this sum, and then proceed as before. ^?~ BOSTON, June 4th, 1829. For value...
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A Practical Treatise on Arithmetic: Wherein Every Principle Taught is ...

George Leonard - 1843 - 356 pages
...second payment, and so on. If a payment be less than the interest, cast the interest up to the time when the sum of two or more payments, equals or exceeds the interest, deduct the interest from this sum, and then proceed as before. ?i2-L BOSTON, June 4th, 1829. For value...
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The Complete Arithmetic

Milton Browning Goff - Arithmetic - 1876 - 462 pages
...payment equals or exceeds the interest; but if it does not, then find the amount up to the time when the sum of two or more payments equals or exceeds the interest, From this amount subtract the first payment, or, if necessary, the sum of the two or more payments....
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The Packard Commercial Arithmetic

Silas Sadler Packard, Byron Horton - Business mathematics - 1882 - 324 pages
...— Find the amount of the given principal to the time when the payment or the sum of the payments exceeds the interest due; subtract from this amount the payment or the sum of the payments. Treat the remainder as a new principal, and proceed as before, to the time of settlement. EXAMPLES....
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Numbers Applied, a Complete Arithmetic, Part 1

Andrew Jackson Rickoff - Arithmetic - 1886 - 688 pages
...10 $61 This calculation is in accordance with the 329. United States Rule for Partial Payments. Find the amount of the principal to the time -when a payment...two or more payments equals or exceeds the interest. From this amount deduct the payment or the sum of the payments. With the remainder as a new principal,...
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Numbers Applied

Andrew Jackson Rickoff - 1888 - 464 pages
...months) +1 This calculation is in accordance with the 329. United States Rule for Partial Payments. Find the amount of the principal to the time when a payment...two or more payments equals or exceeds the interest. From this amount deduct the payment or the sum of the payments. With the remainder as a new principal,...
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Mathematics for Common Schools: Higher arithmetic

John Henry Walsh - Arithmetic - 1893 - 392 pages
...United States rule for partial payments, the amount of the principal is found to the time when the payment, or the sum of two or more payments, equals or exceeds the interest. 4. ALBANY, NY, March 5, 1893. One year after date, I promise to pay John Harrigan, or order, Nine Hundred...
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Higher Arithmetic

John Henry Walsh - 1893 - 426 pages
...12 PARTIAL PAYMENTS. 1307. Connecticut Eule. Find the amount of the principal to the time when the payment, or the sum of two or more payments equals or exceeds the interest, if such time is one year or more from the time the interest commenced. From this amount deduct the...
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The Essentials of Arithmetic, Oral and Written: For upper grades, Book 2

Gordon Augustus Southworth - Arithmetic - 1895 - 368 pages
...find the Amount due on a Note on ,which Partial Payments have been made. United States rule : Find the amount of the principal to the time when a payment or the sum of several payments shall equal or exceed the interest due at the time. Subtract such payment or sum of...
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Higher Arithmetic: Includes Easy Algebraic Equations and Simple Geometrical ...

John Henry Walsh - Arithmetic - 1895 - 400 pages
...United States rule for partial payments, the amount of the principal is found to the time when the payment, or the sum of two or more payments, equals or exceeds the interest. 4- ALBANY, NY, March 5, 1893. One year after date, I promise to pay John Harrigan, or order, Nine Hundred...
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