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Of Compound Interest

Published online by Cambridge University Press:  18 August 2016

Edmund Halley
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Extract

A principal use of logarithms is to solve all the cases of compound interest which are not, without great difficulty, attainable by the rules of common arithmetic. But before we proceed to the practical part, it may, perhaps, not be improper to say something of the foundation or demonstration of the rules we are to give.

Type
Reprint
Information
Journal of the Institute of Actuaries , Volume 9 , Issue 5 , April 1861 , pp. 259 - 269
Copyright
Copyright © Institute and Faculty of Actuaries 1861

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