Chapter

Financial and Insurance Formulas

pp 11-16

Date:

Compound Interest and Discount

  • Tomas CipraAffiliated withDept. of Statistics, Faculty of Mathematics and Physics, Charles University of Prague Email author 

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Abstract

Chapter 2 contains basic formulas for compound interest and discount: 3.1. Compound Interest, 3.2. Compound Discount, 3.3. Compound Interest and Discount Convertible mthly, 3.4. Combination of Simple and Compound Interest.