A General Model for Exponentially Compounding and Discounting Future Cash Flows
William W. Thompson, Jr.
Management Science, 1965, vol. 12, issue 2, C3-C5
Abstract:
This paper presents a general model to be used in adjusting cash flows which occur over future time intervals to reflect the effects of continuous compounding and/or discounting. The method is illustrated by means of a hypothetical example. The framework of analysis employed here may be extended to other systems having similar characteristics of growth and decay.
Date: 1965
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:12:y:1965:i:2:p:c3-c5
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