Theory Of Interest, Simple And Compound: Derived From First Principles, And Applied To Annuities Of All Descriptions (1794)

By David Wilkie

Book Overview

The Theory of Interest, Simple and Compound: Derived from First Principles, and Applied to Annuities of All Descriptions is a book written by David Wilkie in 1794. The book provides a comprehensive and detailed explanation of the principles of interest, both simple and compound, and how they can be applied to various types of annuities. Wilkie's approach is based on first principles, which means he starts with the most basic concepts and builds up to more complex ideas. This makes the book accessible to readers with little or no background in finance or mathematics. The book is divided into several chapters, each of which covers a specific topic related to interest and annuities. The first chapter introduces the basic concepts of interest and explains how interest is calculated. The following chapters cover topics such as the time value of money, present value, future value, and annuities. The book also includes numerous examples and calculations to help readers understand the concepts and apply them in real-world situations. The examples cover a wide range of annuities, including simple and compound annuities, annuities certain, and annuities in perpetuity. Overall, The Theory of Interest, Simple and Compound: Derived from First Principles, and Applied to Annuities of All Descriptions is a valuable resource for anyone interested in understanding the principles of interest and how they can be applied to annuities.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

• Format: Paperback
• Language: English
• ISBN: 1104412713
• ISBN13: 9781104412715
• Release Date: April 2009
• Publisher: Kessinger Publishing
• Length: 280 Pages
• Weight: 1.07 lbs.
• Dimensions: 0.6" x 7.5" x 9.3"