Theory Of Interest, Simple And Compound

The book ""Theory of Interest, Simple and Compound: Derived from First Principles, and Applied to Annuities of All Descriptions"" was written by David Wilkie in 1794. The book is a comprehensive guide to understanding interest rates and annuities, and it is based on first principles. The author explains the concepts of simple and compound interest in a clear and concise manner, making it easy for readers to understand.The book covers a wide range of topics related to interest rates, including the time value of money, the calculation of interest, and the different types of annuities. The author provides numerous examples to illustrate the concepts discussed in the book, making it easier for readers to apply the knowledge to real-world situations.One of the key features of the book is its focus on annuities. The author explains the different types of annuities, such as fixed annuities and variable annuities, and provides detailed calculations for each type. This makes the book an essential resource for anyone who wants to understand how annuities work and how to calculate their value.Overall, ""Theory of Interest, Simple and Compound"" is a valuable resource for anyone who wants to understand interest rates and annuities. The book is written in a clear and concise manner, making it easy for readers to understand the concepts discussed. The numerous examples and calculations provided by the author make it easy for readers to apply the knowledge to real-world situations.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.