Compound Interest Corrected: The Imaginative Mathematics of the Financial Future in Early Modern England

What is money in the future worth today? In the seventeenth century, questionsabout the“present value”of future wealth became matters of practical concern, asbusinesspeople and governments deployed future-orientedfinancial technologieslike mortgages, bonds, and annuities. Those questions also attrac...

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Bibliographic Details
Main Author: Deringer, William
Other Authors: Massachusetts Institute of Technology. Program in Science, Technology and Society
Format: Article
Language:English
Published: University of Chicago Press 2020
Online Access:https://hdl.handle.net/1721.1/124565