INSTALLMENT FINANCE AND THE EFFICIENT USE OF CAPITAL.

The article examines the mathematical obstructions that make a budget and business forecast difficult in the field of installment finance. The need for accurate formulas applying to the certain cases of installment contracts, and involving any desired length of installment contract over any desired period of time, is essential to many forecasts involving installment finance. The article offers three simple solutions not only to demonstrate the feasibility of work of pure mathematical study, but also to emphasize its necessity. The results of the three methods of procedure are compared on the basis of efficiency.