THEORY of INTEREST (Algebra)

SSET 24 – THEORY of INTEREST [1] 

(Algebra)

By SSET 23 – Theory of SAVINGS and CREDIT, we know that the present wealth (q), is equivalent to the net savings of the past (q_a) and the available credit (q_c) towards the future:

q = q_a = q_c

[1] IMPORTANT: this article replace Annex D of Subjective and Solidarity Economic Theory (SSET), in order to improve the exhibition format and save mistakes in the use of variables.

[The article continues in the downloadable document.]