Models of loan amortization under annual variable annuities
This paper presents models of annuity which either increase or decrease a fxed factor q and which are paid m times in year. The payments (annuity) increase (decrease) in such a way that • a) each payment in the year is equal but each payment in the next year is q times than the payment in previ...
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| Format: | Article |
| Language: | English |
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University of Banja Luka, Faculty of Economics
2013-07-01
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| Series: | Acta Economica |
| Subjects: | |
| Online Access: | http://ae.ef.unibl.org/index.php/AE/article/view/93 |