COURSE OF LOAN-MODELS OF VARIABLE PRINCIPAL REPAID

In this paper is presented the account of effective loan, i.e. course of loan, for case when loan is amortizated of variable principal repaid. Namely, in the literature are presented only two models of amortization of loan for account course of loan: model of equal annuity and model of equal princi...

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Bibliographic Details
Main Author: Milivoje Krčmar, PhD
Format: Article
Language:English
Published: University of Banja Luka, Faculty of Economics 2005-09-01
Series:Acta Economica
Subjects:
Online Access:http://ae.ef.unibl.org/index.php/AE/article/view/295