Loan Transactions with Random Dates for the First and Last Periodic Instalments

Table 3

Financial equivalence	I
	II
prospective method	I
	II	being
retrospective method	I
	II
recursive method	I
	II
Risk quota	I
	II
Agreed average interest rate	I
	II
True net interest rate	I	,; being
	II	,; being
True gross interest rate	I	,; being
	II	,; being
Average interest rate due to randomness	I	,	being
	II
Expected average last/first date	I
	II
Financial last/first date	I
	II