Add to ORKGIn our complex financial world, interest is a common thread that binds everything together. This thread of interest may also be the unravelling of your particular fabric if the mechanism controlling its fluctuations is not properly understood. This discussion of interest rates has two major thrusts: what causes these fluctuations to occur and what you can do to minimize your risk associated with these fluctuations. This discussion is of particular interest to actuaries and accountants since both of these must deal with certain and uncertain flows of money while valuing these flows in the present for decision making and financial reporting. For these purposes, the study of interest rates is essential to the life of the business.Honors Colleg...