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Short Methods for Computing Interest and Discount: 100 Days Interest Method; Simple Interest, Discount, Compound Interest (Classic Reprint) - Softcover

Henry Goldman

 
9781528507011: Short Methods for Computing Interest and Discount: 100 Days Interest Method; Simple Interest, Discount, Compound Interest (Classic Reprint)

Synopsis

This book presents a novel and efficient method for calculating interest and discounts, which the author proclaims to be the most effective available. The author asserts that their method is superior to the traditional 60-day rule, as it requires only a single division at the outset, avoiding the potential for errors that arise from multiple divisions. The author also claims that their method is universally applicable, regardless of the number of days involved. The book further includes improved methods for calculating compound interest, present values, and annuities, making it a valuable resource for professionals in finance and accounting. Overall, this book offers a comprehensive and practical approach to interest and discount calculations, providing readers with a valuable tool for accurate and efficient financial analysis.

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