August 2004
Intermediate to advanced
656 pages
15h 28m
English
Content preview from Return on Software: Maximizing the Return on Your Software InvestmentBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Summary
One of the most fundamental concepts in business decisions is that money has time value. A given amount of money at one point in time almost always has a different value than the same amount of money at some other time. Money's time value is quantified in terms of interest, which is literally a rental fee for money.
Under simple interest, the interest charge is directly proportional to the interest rate, the amount borrowed, and the duration of the loan. Simple interest is not available to a typical business.
The typical business loan uses compound interest, where unpaid interest is added to the principal amount of the loan. Literally, interest is paid on interest.
Six different compound interest equations were presented in this chapter: ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.