COURSE OF LOAN-MODELS OF VARIABLE PRINCIPAL REPAID
Journal Title: Acta Economica - Year 2005, Vol 3, Issue 3
Abstract
In this paper is presented the account of effective loan, i.e. course of loan, for case when loan is amortizated of variable principal repaid. Namely, in the literature are presented only two models of amortization of loan for account course of loan: model of equal annuity and model of equal principal repaid. Therefore, we are presented two new models for account of effective loan: model amortization of loan with principal repaid which are changed in arithmetic progression, and model amortization of loan with principal repaid which are changed in geometrical progression.
Authors and Affiliations
Milivoje Krčmar, PhD
Knowledge based innovations in modern entrepreneurship
J.A. Schumpeter was the first one to relate the term innovation with the term entrepreneurship. He found innovation to be the only source of pure profit created by the entrepreneurs. The entrepreneurs estimate ideas that...
Evaluation оf Loan – Models оf Variable Principal Repaid
In this paper is presented the account of evaluation of loan for case when the loan is amortized of variable principal repaid. It is presented two cases: a) the account of evaluation of loan after the t-th payment of...
Schumpeterian growth theory: Entrepreneurship – a response to the economic downturn
Ignorance and misunderstanding of Schumpeter’s writing are the main reasons why the Anglo-American School, as dominant in the context of neoclassical economics, was and still is separate from the German Historical School...
Еntrepreneurship and cultural values
In this work, the author studies the influences of culture, cultural flows and cultural values on economic development, entrepreneurship initiative and social progress. In the previous decade, many works were written tha...
THE REGULATORY ROLE IN CREATING REPUBLIC OF SRPSKA INSURANCE MARKET
Instability and undevelopment of insurance sector is observed in Republic of Srpska as well as in Bosnia and Herzegovina, as a result of weakness in the management of insurance companies and lack of appropriate and princ...