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Amortization System in the Simple Interest Regime: Comparison between Two Proposals in the Case of Constant Installments
EPGE-Graduate School of Economics, FGV-Fundação Getulio Vargas, Rio de Janeiro, Brazil
FCE-Graduate School of Economics, UERJ-State University of Rio de Janeiro, Rio de Janeiro, Brazil
- 1 EPGE-Graduate School of Economics, FGV-Fundação Getulio Vargas, Rio de Janeiro, Brazil
- 2 FCE-Graduate School of Economics, UERJ-State University of Rio de Janeiro, Rio de Janeiro, Brazil
Theoretical Economics Letters·Volume 14 (2024)·Pages 962–977·Published 6 May 2024·DOI10.4236/tel.2024.143050
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Abstract
This article aims to compare methodologies for amortization systems with constant installments (French system), in simple interest, developed in Brazil (Forger and Lachtermacher & de Faro) and in Italy (Mari & Aretusi and Annibali et al.). This work considers the focal dates at the beginning and end of financing. In all cases, the methodologies proved to be financially consistent. At the end of the work, a study on possible tax gains for financing companies is carried out.
KeywordsConstant Installment Amortization SystemsSimple Interest Amortization SystemsBrazilian and Italian Amortizations Systems
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