关于利息力与利率

On the Force of Interest and the Rate of Interest

论及利息的几种不同的度量.理论上,利息的最根本的度量是利息力,然而实践中,由于利率和贴现率易于为大多数人所理解且大多数金融交易是离散的并非连续的过程,因此利率和贴现率(实际的和名义的)更为常用.运用数学方法和推理得到不同的利息度量之间的一些关系结论,如常数利息力等效于常数利率.

Concerned with the various quantitative measures of interest.In theory,the most fundamental measure of interest is the force of interest.In practice,however,effective and nominal rates of interest and discount tend to be used more frequently because they are simpler for most people to comprehend and because most financial transactions involve discrete,not continuous,processes.Some interesting relationships between different measures of interest,such as the force of interest is a constant if and only if rate...