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CLOSED-FORM EXPRESSIONS FOR THE APPROXIMATE EVALUATION OF INTEREST RATES: EXTENSIONS TO THE GEOMETRIC SEQUENCE OF PAYMENTS CASE

 

作者: Clovis de Faro,  

 

期刊: The Engineering Economist  （Taylor Available online 1981）
卷期: Volume 27, issue 1  

页码: 80-89

 

ISSN:0013-791X

 

年代: 1981

 

DOI:10.1080/00137918108956025

 

出版商: Taylor & Francis Group

 

数据来源: Taylor

 

摘要:

For the case of a given sequence of constant payments, theoretical and numerical comparisons between two particularly simple closed-form expressions for the approximate evaluation of the interest rate are presented. It is also shown how these expressions can be generalized to cover the case where the sequence of payments follows a geometric progression.

 

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