To an Axiomatic Model of Rate of Growth

• 作者: Ivan Mezník Václav Studeny
• 来源期刊: 应用数学(英文)
• 学科: 医学
• 关键词: INTEREST RATE INFLATION RATE RATE of GROWTH
• 年，卷（期）: 2013,（9）
• 页码范围: 1326-1332
• 页数: 7页
• 分类号: R73

摘要

In the paper an axiomatic approach to express rates of growth is presented. The formula is given of rate of growth at a point as the limit case of rate of growth on an interval and the inverse formula is derived to compute present and future value of capital for an integrable rate of growth. Incidentally some inconsistencies in currently used formulas are pointed out.