Notice of RetractionResearch on Calculations of the Principal Accumulation Value

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

The calculation of a principal accumulation value plays role in all financial activity such as investment, and financing. In general, the principal accumulation value under simple interest is difference from that based on compound interest. The theorem for calculations of the principal accumulation value under simple and compound interest is presented and proved. When a term is less than a period, the accumulated value of simple interest is more than that of compound interest; When a term is equal to a period, the accumulated value of simple interest is the same as that of compound interest; When a term is more than a period, the accumulated value of simple interest is less than that of compound interest. The theorem enriches the theory of interest, and shows the application of Rolle´s theorem in the theory of interest.