tailieunhanh - Simple, compound and continuous interest discounts. A comparative study

This article makes an analytical comparison between simple, compound and continuous interest discount factors. It studies the equivalency relations between the three discount factors. An analysis is performed for a limited time period and of normal economy interest rates. It makes use of the Taylor and Maclaurin series to analytically compare the three factors, then performs a numerical analysis that includes econometric and statistical verification whose results are consistent with those stipulated within the mathematical argument. | Simple, compound and continuous interest discounts. A comparative study

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