Surname Meaning-Dobson. This surname is actually my own maiden name, which has originated from Northern Ireland through my great great grandfather, Edward Dobson. I heard from my late grandfather that Edward was actually born in County Armagh, but how true that is I don't know.
Debt is money owed by one party, the borrower or debtor, to a second party, the lender or creditor. The borrower may be a sovereign state or country, local government, company, or an individual. The lender may be a bank, credit card company, payday loan provider, or an individual. Debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest.
CHAPTER 1. Compound Interest. 1. Compound Interest. The simplest example of interest is a loan agreement two children might make: \I will lend you a dollar, but every day you keep it, you owe me one more penny.. In this example, the interest rate is 1%/day and the amount owed after tdays is. A(t) = 1 + :01t. In this formula, the quantity :01tis the interest at time t. (In general, the interest. is the di erence between what was borrowed and what is owed.)