Course details

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Simple Interest

  • Exact and ordinary simple interest
  • Exact and approximate time
  • Promissory notes
  • Present value of a debt
  • Equations of value

Simple Discount

  • Simple discount at an interest rate
  • Simple discount at a discount rate
  • Discounting promissory notes

Compound Interest

  • Compound interest
  • Compound amount
  • Nominal and effective rates
  • Approximation of the interest rate and of the time
  • Present value
  • Equations of value
  • Equated time

Ordinary Annuities Certain

  • Amount and present value of an ordinary annuity certain
  • Periodic payment
  • Approximation of the term and rate of interest

Amortization and Sinking Funds

  • Amortization of a Debt
  • Amortization schedule
  • Equity
  • Extinction of bonded debts
  • Sinking funds
  • Sinking funds schedules
  • Depreciation
  • Depletion



  • Price of a bond
  • Premium and Discount
  • Quoted price
  • Yield rate
  • Bonds with optional redemption dates
  • Annuity bonds
  • Serial bond issues

Annuities Due, Deferred Annuities, Perpetuities

  • Annuities due
  • Deferred annuities
  • Perpetuities
  • Capitalized cost

Annuity Certain, General Case

  • The general annuity
  • Periodic payment
  • Number of payments
  • Approximation of the interest rate

About International House Beirut

Founded in the early 1980's, the American Lebanese Language Center (ALLC) has played a prominent role in adult education in Lebanon. Their centers throughout Lebanon offer students the opportunity to benefit from a wide range of computer and language cTheirses. ALLC offers students the opportunity to learn practical and comprehensive skills, and to enrich and expand their existing knowledge. Students acquire the skills necessary for their personal and professional development.

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