About this document
Economic Equivalence and Interest Formulas by YapShenghao is a document available to read on EtoBox.
This document discusses economic equivalence and interest formulas. It provides examples of using interest tables and formulas to calculate present worth and compound amount for loans with single payments and uneven cash flows. The key principles are that alternatives require a common time basis, equivalence depends on the interest rate, conversions may be needed for multiple payments, and equivalence is maintained regardless of frame of reference. Uniform and uneven cash flow series are also examined.
- Author
- YapShenghao
- Language
- EN