Amortization of debts: compound interest and anatocism

// ABSTRACT IN PORTUGUESE: Motivado pelo debate se financiementos segundo a Tabela Price e a juros compostos e se implica em anatocismo, esta nota, tomando como ponto de partida um caso mais geral busca lancar luz sobre a discussao. // ABSTRACT IN ENGLISH: Motivated by the debate on whether or not the amortization system of constant payments, which in Brazil is known as Tabela Price, conforms with the principle of compound interest and implies what the judiciary names as anatocism, that is incorporation of interest and implies what the judiciary names as anatocism, that is incorporation of interest to the loan principal, this note, considering a more general system of loan repayment, aims to shed some light on the subject. Reprinted by permission of Fundação Getulio Vargas