This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
So in my readings as I attempt to find the rate of discount or interest for various problems, there is an identity that my particular lesson material kind of glossed over but I feel is very important. That is the following: accumulation function times the discount function equals 1.
With this identity, several things become clear. Finding the formulas for compound interest and discount, that simple interest and discount are not constants, and it’s a great way to check your answer.
If I am saying stuff everyone already knows, I am sorry but this just seemed a really useful tool that does not get mentioned.
Subreddit
Post Details
- Posted
- 4 years ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/actuary/com...