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Uma Nota Sobre Amortização de Dívidas e Prestações Constantes

Believing that the constant payments system of debt amortization, which is known in Brazil as Tabela Price, necessarily provokes capitalization of accrued interest, there have been judicial sentences stipulating the adoption of simple interest. It is shown that the use of simple interest schemes, including the so called "method of Gauss", leads to financial inconsistencies.


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