Evaluation оf Loan – Models оf Variable Principal Repaid
Journal Title: Acta Economica - Year 2007, Vol 5, Issue 6
Abstract
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 annuity and b) the account of evaluation of loan when the evaluation is done between t-th and (t+1)-th annuity. The account of evaluation of loan is based on the effective yield (the rate of evaluation).
Authors and Affiliations
Миливој Крчмар, PhD
Keywords
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