#### Publication Date

5-20-1938

#### Abstract

The problem of this study is to determine the relative efficiency of the more important formulae for approximating the rate of interest involved in an amortization plan when the amount of the debt, the amount of the periodic payment, and the number of periods are known. By efficiency this meant the degree of accuracy obtainable, and the time required for solution.

#### Degree Name

Mathematics

#### Level of Degree

Masters

#### Department Name

Mathematics & Statistics

#### First Committee Member (Chair)

Harold D. Larsen

#### Second Committee Member

C.V. Newsom

#### Third Committee Member

Vernon G. Sorrell

#### Language

English

#### Document Type

Thesis

#### Recommended Citation

Ellis, Wade. "The Efficiency of Approximation Formulae for Determining the Rate of Interest in Amortization Schedules." (1938). https://digitalrepository.unm.edu/math_etds/95