Discount yield is a method to calculate the annualized yield on a security sold at a discount, such as U.S. Treasury bills. It provides an approximation of the return on investment based on the difference between the purchase price and the face value of the security.
In financial mathematics, the future worth (or value) of one per period, also known as the compound amount of one per period, is the amount of money that an investment of one monetary unit will grow to after a certain number of periods at a constant rate of interest.
The geometric mean is a measure of central tendency obtained by multiplying all the numbers in a set together and then taking the *n*th root of the resulting product, where *n* is the total number of values in the set.
The 'Installment to Amortize One Dollar' is a mathematically computed factor derived from compound interest functions. It offers the level periodic payment required to retire a $1 loan within a specified time frame, where the periodic installment rate must exceed the periodic interest rate.
Ordinary interest is a type of simple interest calculated based on a 360-day year, as opposed to the 365-day year used in exact interest calculations.
