Chapter 2: Simple Interest and Simple Discount

Learning Outcomes

At the end of this chapter, you should able to:

  • Define simple interest and simple discounts.
  • Evaluate the present and future value of borrowed or invested money.
  • Calculate simple interest and simple discounts.

 

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Financial Mathematics in Economics Copyright © 2024 by Sarimah Surianshah is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License, except where otherwise noted.

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