Abstract
AbstractIn this paper, five different types of amortization plans with constant instalments are analyzed with a unified approach: a pair of plans in simple interest regime, a pair of plans in compound interest regime and a plan in a hybrid context. In the two pairs there are a main plan and an auxiliary one. Here we give a comprehensive discussion of all the rules governing these plans, showing similarities and differences. Furthermore, the pair of plans in simple interest regime is at the origin of the hybrid plan, which surprisingly turns out to be a (main) plan in compound regime with variable instalments.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
