August 2004
Intermediate to advanced
656 pages
15h 28m
English
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Continuous Compounding, Discrete Payment
You may need to consider what happens when the compounding period approaches 0; in other words, the compounding occurs continuously (r = nominal interest rate per period, n = number of periods). These situations are relatively rare, so only the formulas are given below, not their derivations. A discussion of the derivations of these formulas can be found in [DeGarmo93], [Grant90], or [Thuesen93] if more information is needed.
SINGLE-PAYMENT COMPOUND-AMOUNT (F/P)
F=Pern
SINGLE-PAYMENT PRESENT-WORTH (P/F)
EQUAL-PAYMENT-SERIES COMPOUND-AMOUNT (F/A)
EQUAL-PAYMENT-SERIES SINKING-FUND (A/F)
EQUAL-PAYMENT-SERIES ...
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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.
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