Determination of the factor for the value of the periodic installments calculation of the loan

Authors

  • José Zanella Departamento de Matemática, Centro de Ciências Naturais e Exatas - CCNE Universidade Federal de Santa Maria - UFSM, Santa Maria, RS.
  • Giovani Gilberto Socal Fundação Regional de Economia, Santa Maria , RS.

DOI:

https://doi.org/10.5902/2179460X26383

Abstract

This paper approaches the analytic determination of a factor "F" used for calculating the value of the installments on credit sales. The factor which is calculated according to the sale conditions, provides the value of the periodic installments as being multiplied by the price of the sold goods or served service.

At first we subtract the general formula from the "F" factor and, afterwards we show some particular cases.

Finally, we simulate hypothetical examples to make understanding easer.

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References

GIL, Antonio Carlos. Projeto~ de Pesquisa Atlas S/A, São Paulo, 1993. 159p.

VERAS, Lilia Ladeira. Matemática Financeira Atlas S/A, São Paulo, 1989. 268p.

JUER, Milton. Matemática financeira: Aplicações no mercado de títulos IBMEC, Rio de Janeiro, 1985. 483p.

Published

1994-12-12

How to Cite

Zanella, J., & Socal, G. G. (1994). Determination of the factor for the value of the periodic installments calculation of the loan. Ciência E Natura, 16(16), 21–28. https://doi.org/10.5902/2179460X26383