Textbook Notes for Javid Ali

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UWACTSC231Javid AliFall

ACTSC231 Chapter Notes - Chapter 1: Effective Interest Rate, Interest, Step Function

OC1909485 Page
5 Oct 2013
44
Chapter 1 the time value of money. Interest: definition: compensation one receives for lending asset, it doesn"t have to be monetary. I = s p (s = accu
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