Models for Managing Money
Daniel P. Loucks ()
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Daniel P. Loucks: Cornell University
Chapter Chapter 5 in Public Systems Modeling, 2022, pp 51-63 from Springer
Abstract:
Abstract The chapter reviews ways of computing equivalent present, future, or equal annual values that can be used to compare different time series of costs and benefits. It defines both simple and compound interest modeling, and the impacts of within-year compounding, inflation, and income taxes.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-030-93986-1_5
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DOI: 10.1007/978-3-030-93986-1_5
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