Interest: Unlocking the Secrets of Interest, Your Path to Financial Mastery

One Billion Knowledgeable · AI-narrated by Mason (from Google)
Audiobook
8 hr 5 min
Unabridged
Eligible
AI-narrated
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About this audiobook

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.

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