Finance
In this section we learn how to compute simple interest, compound interest,
continuous compound interest, future and present values of annuities and
the payment size needed for amortization and sinking funds. Using these
procedures we are able to compute the accumulated amounts in savings and
retirement accounts, housing appreciation, cash value of installment plans,
car payment size, home payment size, equity and the payment size needed to
accumulate a specified amount by a certain date.
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