Reverse of Amortization for Financial Instruments with Fixed Compound Interest where the Principal and Interest are Repaid at the Same Time
The paper discussed the reverse of amortization for financial instruments with fixed compound interest where the principal and interest are repaid at the same time.The discriminant rules of reverse of amortization were conducted and verified by some relative cases.It is concluded that the reverse of amortization will occur when financial instruments with fixed compound interest rate where the principal and interest are repaid at the same time meet the discriminant rules.
Reveres of amortization Effective interest method Dicriminant rule
CHANG Lihua TAN Lixia HUANG Jiangquan DENG Houping
Department of Economics,Huaihua University,P.R.China,418008 Presidents Office,Hunan Academy of Science & Technology,P.R.China,410004 School of Business,Central South University of Forestry and Technology,P.R.China,410004 School of Management,Wuhan University of Technology,P.R.China,430070
国际会议
青岛
英文
1-5
2012-07-20(万方平台首次上网日期,不代表论文的发表时间)