Real versus nominal returns, present and future value, amortisation of a loan or mortgage, probability and expected value, and what inflation does to each. Worked examples in pounds, one diagram per lesson, and a summary box so the idea stays with you.
What this section covers
- Real versus nominal returns and what inflation does over time
- Present value and future value
- How a mortgage or loan amortises, payment by payment
- Probability and expected value in money decisions
- One worked example, one diagram and a summary box per lesson
New articles are published under Inflation and Real Returns, Mortgages and Amortisation, Calculators.