• Morton D. Davis


Interest affects many aspects of our lives in one way or another. When you take out a mortgage, buy on the installment plan, purchase a bond, decide when to start collecting your Social Security payments, or negotiate with your neighborhood usurer, you are involved with interest. Despite these frequent encounters, misconceptions about it abound, and they can be costly.


Interest Rate Real Interest Rate Nominal Interest Rate Weekly Earning Social Security Payment 


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Copyright information

© Springer Science+Business Media New York 2001

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  • Morton D. Davis

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