Difference between revisions of "Compounding"
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| − | + | [[Compounding]] is the process of finding the future value of a single payment or series of payments. | |
==Definitions== | ==Definitions== | ||
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
| − | : | + | :[[Compounding]]. The process of finding the future value of a single payment or series of payments. |
==Related concepts== | ==Related concepts== | ||
Revision as of 07:53, 30 October 2019
Compounding is the process of finding the future value of a single payment or series of payments.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Compounding. The process of finding the future value of a single payment or series of payments.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
