author: david c flaspohler

... discounting . When the simple interest formula is used to find the present value , the difference between the amount and the present value is called simple discount . Note that the simple discount on the future amount is the same as the ...

Robert Cissell, Helen Cissell, David C. Flaspohler. Other Annuities Certain 5.1 Annuity Functions The amount - of - 1 - per - period function gives the amount of n periodic deposits of $ 1 at the time ... present - worth - of - 1 - per - ...