A General Model for Exponentially Compounding and Discounting Future Cash Flows

This paper presents a general model to be used in adjusting cash flows which occur over future time intervals to reflect the effects of continuous compounding and/or discounting. The method is illustrated by means of a hypothetical example. The framework of analysis employed here may be extended to other systems having similar characteristics of growth and decay.

• 저널Management Science · 12(2) · C–3
• 토픽Economic theories and models · Economics and Econometrics
• DOI10.1287/mnsc.12.2.c3
• 저자W. Thompson