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Classical Financial Mathematics Basic Ideas, Central Formulas and Terms at a Glance
Author
Title
Classical Financial Mathematics [electronic resource] : Basic Ideas, Central Formulas and Terms at a Glance / by Bernd Luderer.
ISBN
9783658320386
Edition
1st ed. 2021.
Publication
Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer, 2021.
Physical Description
1 online resource (IX, 51 p.) 13 illus.
Local Notes
Access is available to the Yale community.
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Access restricted by licensing agreement.
Summary
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 1st edition essentials, Klassische Finanzmathematik by Bernd Luderer, published by Springer Fachmedien Wiesbaden GmbH, part of Springer Nature in 2019. The translation was 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. The contents Linear and geometric interest Regular payments Present value and final value of an annuity Installment and annuity redemption The target groups First-year students of economics at universities and universities of applied sciences Teachers of mathematics, pupils The author Prof. Dr. Bernd Luderer taught at the Faculty of Mathematics at the Chemnitz University of Technology. He is the editor of the German-language series Studienbücher Wirtschaftsmathematik and author of numerous successful textbooks on business and financial mathematics.
Variant and related titles
Springer ENIN.
Other formats
Printed edition:
Printed edition:
Format
Books / Online
Language
English
Added to Catalog
June 03, 2021
Series
Springer essentials,
Contents
Introduction
Time is of the essence
How to pay interest?
By saving regularly to reach your goal
Pension bill - not only for pensioners
Rather be a debtor or creditor?
Short and long periods
Bonds, coupons and yields
The salt in the soup is the yield
What else is important.
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