INDEX

Abnormal performance alpha (OCjt), systematic risk and, 339340

Account payable (APY), 368

Account payable turnover (APT), 368

Account receivable (AR), 368, 371

Account receivable turnover (ART), 368

Accrued interest, of bonds, 321

Accumulated depreciation (Dk), 219

in amortization method, 229230

in fixed-proportion method, 223224

in sinking fund method, 231232

in straight-line method, 220223

in sum-of-digits method, 226229

Accumulated present value interest factor (PV/FA), of bonds, 313314

Acid-test ratio (QA), 370

Activity ratios, 367369

Actual annual percentage rate (APRa), 157

formulas for, 157158, 199200

Actual annuity split system, 159160

Actual cash value (ACV)

formula for, 481

insurance and, 470471, 472, 477

Adding decimals, 7

Add-on interest, formulas for, 199200

Add-on interest loans, 156157

Add-on payment, formula for, 199

After-tax cost of capital (CCa), 357358

formula for, 383

After-tax discount rate, 189

After-tax interest, 191

After-tax interest rate, 193

After-tax payments, present value of, 192

Age groups

commutation terms and, 436437

in mortality tables, 432, 433

Algebraic approach, to break-even point, 257261

Aliquots, 1011, 54. See also Common aliquot and equivalent values

American Experience Table of Mortality, 431

Amortization, 148, 198

analysis of, 164170

of bond premium, 317319

formula and table methods for, 169170

formulas for, 200201

mortgage debt and, 164

sinking fund methods vs., 187188

Amortization method

of depreciation, ...

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