## The theory of interest |

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#### Review: Theory of Interest

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### Contents

The measurement of interest | 1 |

Solution of problems in interest | 31 |

Elementary annuities | 45 |

Copyright | |

7 other sections not shown

### Common terms and phrases

accumulated value accumulation function amortization method amortization schedule amount function amount of interest amount of principal analogous to formula annual payments annuities payable annuity-due annuity-immediate answer assumed balance book value borrower bought to yield calculation callable bond Chapter compound interest considered convertible semiannually coupon rate denoted effective rate equal equation of value equivalent example Find an expression Find the accumulated Find the amount Find the price FIVE-PLACE LOGARITHMS BASE force of interest frequently than interest geometric progression interest conversion period interest earned interest functions interest is convertible interest paid interest tables investment investor lender linear interpolation measure of interest ment nominal rate number of payments obtained outstanding principal payment period payments of $100 preferred stock present value principal repaid problem rate of discount rate of interest redemption date redemption value Section simple interest sinking fund deposit sinking fund method smaller final payment term tion yield rate