Accumulation function: Difference between revisions

Content deleted Content added
mNo edit summary
Line 14:
* <math>a(0)=1.</math>
* In the case that the accumulation is due to interest it is an [[increasing function]].
 
The [[Rate_of_return#Logarithmic_or_continuously_compounded_return|logarithmic or continuously compounded return]] is a function of time defined as follows:
 
:<math>\delta_{t}=\frac{a'(t)}{a(t)}\,</math>
 
which is the rate of change with time of the natural logarithm of the accumulation function.
 
Conversely:
 
:<math>a(n)=e^{\int_0^n \delta_t\, dt}\ ,</math>
 
==Common accumulation functions==