By: Prof. Mercy Cristy B.
The greatest mathematical discovery
of all time is compound interest.
When an interest is added to the
principal at regular intervals and
the sum becomes the new
Compound Interest for Nominal
Value of Time
Approximate Method is a technique applied
for accumulating a principal or the discounting
of some amount for n interest periods, where n
is not an integer. The approximate method may
either be accumulating or di
EQUATIONS of VALUE
PREPARED BY: MERCY CRISTY B. SAMARITA
Interest problems generally involve four quantities:
b.) investment period length(s)
c.) interest rate(s)
d.) accumulated value(s).
Two or more amounts of money payable at different
The Nature of Sinking Fund
Sinking Fund refers to a fund established through a series of regular
periodic deposits or savings intended to accumulate a fund for a
The Sinking fund created may be intended