## Mathematics of Finance |

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### Contents

Section Page Chapter | 1 |

Simple interest for fractional part of year | 2 |

Discount | 4 |

Copyright | |

48 other sections not shown

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### Common terms and phrases

accumulated amortization schedule annual payments annuity due approximate bank bearing interest binomial theorem bonds book value borrower building and loan compound interest compounded quarterly compounded semiannually computed conversion period cost dend deposit depreciation Determine diagram dividend date dividend period effective rate equal periodic equation evaluated Example Exercises expressed face value final partial payment Find the price formula fractional interest period geometric series given date hence income interest at 06 interest rate interpolation investment schedule issue loan association logarithms machine ment method money is worth monthly payments nominal rate notation number of payments paid pay interest payment date payment interval periodic payments present value problems rate of interest readily redeemed redemption repaid replacement charge semiannual payments share simple discount simple interest sinking fund six months Solution Solve tables tabulated terest three debts tion worth 04 yield rate yield the investor