PRESENT-VALUE CALCULATION AIDS: THE CASE OF LOANS AND GRANTS,
Abstract
The document describes a set of charts (nomograms) and an alternative disc slide rule calculator to compare military or nonmilitary assistance loans and grants for the purpose of determining; the proportion of each that is a gift, the burden to the lender, and the actual gain to the recipient. This quick, easy hand-calculation method is particularly suited for use during aid negotiations and conferences. Input data consist of the loan interest rate (which can be zero), grace period, payment intervals, and the value of capital--the rate of return available from market-oriented investments with a similar risk of nonrepayment. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 1970
- Accession Number
- AD0704278
Entities
People
- Douglas F. Loveday
Organizations
- RAND Corporation