Muksian Text

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The flashcards below were created by user lalonzo on FreezingBlue Flashcards.


  1. What is the general equation for simple interest?
    I=P(r)(t)
  2. What is the equation for ordinary interest?
    I=P(r)(to)
  3. to represents what formula?
    chart?chf=bg,s,00000000&cht=tx&chl=%5Cfrac%7BN%7D%7B360%7D&chs=52x66
  4. How many days are used when calculating ordinary interest?
    360
  5. What is the equation for exact interest?
    I=P(r)(te)
  6. te represents what formula?
    chart?chf=bg,s,00000000&cht=tx&chl=%5Cfrac%7BN%7D%7B365%7D&chs=52x66
  7. How many days are used when calculating exact interest?
    365
  8. When calculating the number of days between two dates, exclude the _____ date, but include the _____ date.
    starting, final

Card Set Information

Author:
lalonzo
ID:
320098
Filename:
Muksian Text
Updated:
2016-05-14 19:28:55
Tags:
interest finance
Folders:

Description:
Companion to Robert Muksian's, Mathematics of Interest Rates, Insurance, Social Security, and Pensions.
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