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ESSENTIALS: SPRINGER ESSENTLS: CLSSCL FNNCL MATHEMATICS

Mathematics

Mathematics & Science

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<P>This essential teaches basic formulas, methods and ideas of classical financial mathematics. Since classical financial mathematics makes do with elementary mathematical tools, any interested reader with average mathematical school knowledge can easily follow this text. The core of the text is the calculation of interest and compound interest, annuity calculation, amortization calculation and price calculation. A large number of practical examples illustrate the mathematical questions. This Springer essential is a translation of the original German, done with the help of artificial intelligence (machine translation by the service DeepL.com). A subsequent human revision was done primarily in terms of content, so that the book will read stylistically differently from a conventional translation. Springer Nature works continuously to further the development of tools for the production of books and on the related technologies to support the authors.</P>

Classical Financial Mathematics: Basic Ideas, Central Formulas and Terms at a Glance

Classical Financial Mathematics

Duration

Duration Unit Of Measure

Transaction Type

Front Cover.
Other Frontmatter.
Title Page.
Copyright Page.
What You Can Find in This Essential.
Preface.
Contents.
Introduction.
1: Time Is Decisive.
2: How to Pay Interest?.
3: Reaching Your Goal Through Regular Saving.
4: Annuity Calculation&#x2014;Not Only for Pensioners.
5: Would You Rather Be a Debtor or Creditor?.
6: Short and Long Periods.
7: Bonds, Coupons, and Yields.
8: The Cherry on the Cake Is the Rate of Return.
9: What Else Is Important?.
What You Learned from This Essential.
Basic Formulas.
References.

Classical Financial Mathematics: Basic Ideas, Central Formulas and Terms at a Glance.css-1p8rvzy{position:absolute;padding-left:8px;}

Classical Financial Mathematics: Basic Ideas, Central Formulas and Terms at a Glance