Professional paper
Comparison of the quantitative effects of classical model of loan
Bojan Kovačić
orcid.org/0000-0002-3893-2191
; Tehničko veleučilište, Zagreb, Hrvatska
Bojan Radišić
orcid.org/0000-0001-7870-193X
; Veleučilište u Požegi, Požega, Hrvatska
Abstract
Assuming that condition ceteris paribus stands, the article is comparing the quantitative effects of the most common "classic" loan repayment models: loan repayment model with nominally equal installments and loan repayment model with variable installments and nominally equal repayment quotas. Using the metods and techniques of calculus, it is proven that, from the standpoint of a borrower, loan repayment model with variable installments and nominally equal repayment quotas is not worse than loan repayment model with nominally equal installments.
Keywords
quantitative effects; loan repayment model with nominally equal installments; loan repayment model with variable installments and nominally equal repayment quotas
Hrčak ID:
80522
URI
Publication date:
3.5.2012.
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