Chapter
Calculation of Interest and Annuities
Banking & Insurance - Laws & Practice (Elective Paper 7.4)Part I: Banking Laws (50 Marks)
7 topics
- Fixed and Floating Interest Rates
- Calculation of Simple Interest & Compound Interest
- Calculation of Equated Monthly Instalments
- Calculation of Annuities
- Interest Calculation using Products / Balances
- Amortisation of Debt
- Sinking Funds