MODELS OF LOAN AMORTIZATION UNDER ANNUAL VARIABLE ANNUITIES Cover Image

МОДЕЛИ АМОРТИЗАЦИЈЕ ЗАЈМА ИСПОДГОДИШЊИМ ВАРИЈАБИЛНИМ АНУИТЕТИМА
MODELS OF LOAN AMORTIZATION UNDER ANNUAL VARIABLE ANNUITIES

Author(s): Milivoj Krčmar
Subject(s): Economy, Accounting - Business Administration
Published by: Економски факултет Универзитета у Бањој Луци
Keywords: models of amortization of loan; variable annuity which are paid m times in year; nominal annual rate of interest compounded m times in year; annual effective rate of interest;

Summary/Abstract: This paper presents models of annuity which either increase or decrease a fixed 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 previous years and b) each payment in the k years is equal but each payment in the next k years is q times than the payment in previous k years.

  • Issue Year: 11/2013
  • Issue No: 19
  • Page Range: 67-74
  • Page Count: 8
  • Language: Serbian