FSharp.Finance.Personal
UnitedKingdom Module
APR as in FCA CONC App 1.2.6
Functions and values
| Function or value |
Description
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Full Usage:
calculateApr
Returns: Date -> int64<MeasureProduct<Cent, MeasureOne>> -> Transfer array -> Solution
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calculates the APR \[\sum_{k=1}^{m} C_k (1 + X)^{-t_k} = \sum_{l=1}^{m'} D_l (1 + X)^{-s_l}\] which is equivalent to \[\sum_{k=1}^{m} \frac{C_k}{(1 + X)^{t_k}} = \sum_{l=1}^{m'} \frac{D_l}{(1 + X)^{s_l}}\]
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