Simple financial mathematics formulas are applied.
Value
A numeric value.
Note
Simple formulas are used
Author(s)
Giorgio Alfredo Spedicato
References
Broverman, S.A., Mathematics of Investment and Credit (Fourth Edition),
2008, ACTEX Publications.
See Also
real2Nominal, nominal2Real
Examples
#an interest rate equal to 0.02 corresponds to a force of interest of of
interest2Intensity(i=0.02)
#a force of interest of 0.02 corresponds to an APR of
intensity2Interest(intensity=0.02)