Interest and Discount Rates Flashcards
Effective Rate of Interest
accumulation function under simple interest
interest at time t under simple interest
accumulation function under compound interest
For any accumulation function a(t), the PV of $1.00 due in t years is
present value under compound interest
effective rate of discount
i in terms of d
v in terms of d
d in terms of i
d in terms of i and v
d = iv
the relationship between i and d
1 in terms of i and d
accumulated value in terms of d
present value in terms of d
force of interest
accumulation function in ∂t
accumulation function in terms of constant ∂
the AV of $1.00 invested at t=1 at t=2 expressed in terms of a(t)
the AV of $1.00 invested at t=1 at t=2 expressed in terms of ∂
the PV of at time t=1 of $1.00 due at t=2