What is Interest
In the fields of finance and economics, interest refers to the payment made by a borrower or a financial institution that accepts deposits to a lender or depositor of an amount that is greater than the amount that is repaid for the principal sum, at a specific interest rate. Different from a fee that the borrower might have to pay to the lender or to a third party, this is a separate obligation. It is also distinct from dividends, which are payments made by a company to its shareholders (owners) from its profit or reserve. However, dividends are not paid at a predetermined rate; rather, they are distributed on a pro rata basis as a portion of the reward that is gained by risk-taking entrepreneurs when the revenue earned is greater than the total costs.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Interest
Chapter 2: Present value
Chapter 3: Black-Scholes model
Chapter 4: Interest rate
Chapter 5: Time value of money
Chapter 6: Loan
Chapter 7: Usury
Chapter 8: Compound interest
Chapter 9: Fixed-rate mortgage
Chapter 10: Rational pricing
Chapter 11: Annual percentage rate
Chapter 12: Leverage (finance)
Chapter 13: Riba
Chapter 14: Rule of 78s
Chapter 15: Real interest rate
Chapter 16: Credit card interest
Chapter 17: Mortgage calculator
Chapter 18: Loans and interest in Judaism
Chapter 19: Amortizing loan
Chapter 20: Mortgage loan
Chapter 21: Equated monthly installment
(II) Answering the public top questions about interest.
(III) Real world examples for the usage of interest in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Interest.
