Loan Constant 


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Loan ConstantThe yearly percentage of interest which remains the same over the life of an amortized loan, based on the monthly payment in relation to the principal originally loaned. For example: A $1000 loan at 9% interest for 20 years can be amortized at $9.00 per month. The constant interest rate is figured by finding one year's payments ($9.00 x 12 months = $108,00), and expressing this amount as a percentage of the principal originally borrowed (10.8% of $1000).Loan Constant Similar MatchesConstant elasticity of substitution functionConstant elasticity of substitution functionSee CES function Constant pricesConstant pricesSee constant dollars. Constant dollarsConstant dollarsDollars of constant purchasing power. That is, corrected for inflation. More precisely includes reference to a base year for comparison, e.g. "in constant 1992 dollars." Same as constant prices. Constant growth modelConstant growth modelAlso called the GordonShapiro model, an application of the dividend discount model that assumes (1) a fixed growth rate for future dividends, and (2) a single discount rate. Constant dollar planConstant dollar planMethod of purchasing securities by investing a fixed amount of money at set intervals. The investor buys more shares when the price is low and fewer shares when the price is high, thus reducing the overall cost. Further SuggestionsConstant yield methodConstant dollars constant dollar plan Constant returns to scale Constant ratio plan 
