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Business Mathematics in Canada 4e
Business Mathematics in Canada, 4/e
F. Ernest Jerome

Simple Interest

Learning Objectives

After completing this chapter, you will be able to:

Calculate interest, maturity value, future value, and present value in a simple interest environment

Present details of the amount and timing of payments in a time diagram

Calculate the equivalent value on any date of a single payment o a stream of payments




McGraw-Hill/Ryerson