EAR/APR Time Value of Money. Returns and Compounding Returns are often stated in annual terms Interest is paid (accrues) within the year Example: Savings.
Teaching Business Mathematics II without formulas Oded Tal School of Business Conestoga College.
© 2008 McGraw-Hill All rights reserved Slide to accompany Blank and Tarquin Basics of Engineering Economy, 2008 3 - 1 Lecture slides to accompany Basics.