figure 4-1 illustration of simple versus compound interest
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Figure 4-1 Illustration of Simple versus Compound Interest. TABLE 4-1 Three Plans for Repayment of $17,000 in Four Months with Interest at 1% per Month. TABLE 4-1 (continued) Three Plans for Repayment of $17,000 in Four Months with Interest at 1% per Month. - PowerPoint PPT PresentationTRANSCRIPT
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Figure 4-1 Illustration of Simple versus Compound Interest
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TABLE 4-1 Three Plans for Repayment of $17,000 in Four
Months with Interest at 1% per Month
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TABLE 4-1 (continued) Three Plans for Repayment of $17,000 in Four Months with Interest at 1%
per Month
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Figure 4-2 Cash-Flow Diagram for Plan 3 of Table 4-1 (Credit Card
Company’s Viewpoint)
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Figure 4-3 Cash-Flow Diagram for Plan 2 of Table 4-1 (Lender’s
Viewpoint)
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Figure 4-4 Cash-Flow Table, Example 4-2
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TABLE 4-2 Discrete Cash-Flow Examples Illustrating Equivalence
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TABLE 4-2 (continued) Discrete Cash-Flow Examples Illustrating
Equivalence
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Figure 4-6 General Cash-Flow Diagram Relating Uniform Series (Ordinary Annuity) to Its Present Equivalent and Future Equivalent
Values
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Figure 4-7 Relationship of Cash Flows for Plan 2 of Table 4-1 to
Repayment of the $17,000 Loan Principal
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Figure 4-8 Using Linear Interpolation to Approximate i in
Example 4-13
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TABLE 4-3 Discrete Compounding-Interest Factors and
Symbolsa
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Figure 4-9 General Cash-Flow Representation of a Deferred
Annuity (Uniform Series)
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Figure 4-10 Example 4-16 for Calculating the Equivalent P, F, and
A Values
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Figure 4-11 Spreadsheet Solution, Example 4-16
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Figure 4-12 Cash-Flow Diagram for Example 4-18
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Figure 4-13 Cash-Flow Diagram for a Uniform Gradient Increasing
by G Dollars per Period
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Figure 4-14 Breakdown of Cash Flows for Example 4-21
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Figure 4-15 Breakdown of Cash Flows for Example 4-22
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Figure 4-16 Cash-Flow Diagram for a Geometric Sequence of
Payments Increasing at a Constant Rate of ƒ per Period