Title: Lesson 40: Finance Notes
Course: Technical Math for Industry > Section: Module 6.0 Finance & Simple and Compound Interest

Finance Notes

This lesson is divided into four sections:

1. Ordinary and Exact Interest
2. Calculating Interest on Loans
3. Commission
4. Discounts

ALL the lessons contained in this topic are in the form of downloadable documents. Click the blue link and the document will download to your browser. Open the document stored in your browser downloads. You may read the document directly from this area, or save the document to your own computer.

Ordinary and Exact Interest

View the Ordinary and Exact presentation to help you learn the "ins and outs" of Ordinary and Exact interest. Then you can review the information below to dive deeper into the topics.

- Calculating Days
- Calculating Days Problems and Answers

Calculating Interest on Loans

View the Calculating Interest on Loans  presentation to help you learn the "ins and outs" of loan interest. Then you can review the information below to dive deeper into the topics.

- Add-On Interest
- Equal Principal Payment
- Equal Total Payment
- True Rate of Interest

Please see the amortization interest rate table if you need an example of what amortization factors for equal annual total payments looks like .

Commission

View the Commission presentation to help you learn the "ins and outs" of commissions. Then you can review the information below to dive deeper into the topic.

- Notes and Examples

Discounts

View the Discount presentation to help you learn about discounts. Then you can review the information below to dive deeper into the topic.

- Cash Discount Notes