Chapter Two

We explore the idea of borrowing money for a specified rate of interest or earning interest on an investment.

Chapter Three

We explore the idea of the `effective’ annual interest rate and then on to the Effective Interest Rate/Annual Percentage Rate, the much quoted EIR or APR.

Chapter Four

In the first of three chapters covering the way in which interest rate affects cashflow we explore savings - but first we introduce some general ideas that apply equally to annuities and repayment loans.

Chapter Five

We move on to annuities in the second of three chapters devoted to exploring the way in which interest rate affects cashflow.

Chapter Six

Repayment loans are the subject of the last of three chapters which look at the effects of regular cashflows.

The final part of Chapter Seven of our ebook Financial Functions with a Spreadsheet has now been added. We look at the relationships between NPV, NFV, PV and FV and how to include initial payments.