Title :
Informational and analytical system for support of financial and credit activity
Author_Institution :
Acad. of Comput. Sci. & Manage., Lviv, Ukraine
Abstract :
Mathematical models are proposed for the consolidation of credits which are repaid in complete instalments. The developed models take into account various ways of charging interest: simple or compound interest, and fixed or floating interest rates. This mathematical apparatus enables us to compare the costs of credits and to find the optimum conditions for granting the credits
Keywords :
computer aided analysis; credit transactions; financial data processing; management information systems; modelling; analytical system; compound interest; cost; credit consolidation; credit repayment; financial activity; fixed interest rate; floating interest rate; informational system; instalments; interest charging methods; mathematical models; optimum conditions; simple interest; Cost function; Delay; Displays; Economic indicators; Indexing; Information analysis; Mathematical model; Pensions;
Conference_Titel :
Intelligent Data Acquisition and Advanced Computing Systems: Technology and Applications, International Workshop on, 2001.
Conference_Location :
Crimea
Print_ISBN :
0-7803-7164-X
DOI :
10.1109/IDAACS.2001.942027
