9.5 Summary
Previous
9.4 Nominal and effective interest rates

Next
End of chapter exercises

9.5 Summary (EMBJN)
 Simple interest: \(A = P(1 + in)\)
 Compound interest: \(A = P(1 + i)^n\)
 Simple depreciation: \(A = P(1  in)\)
 Compound depreciation: \(A = P(1  i)^n\)
 Nominal and effective annual interest rates: \(1 + i = \left( 1 + \frac{i^{(m)}}{m} \right)^m\)
Previous
9.4 Nominal and effective interest rates

Table of Contents 
Next
End of chapter exercises
