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Classical Financial Mathematics - Basic Ideas, Central Formulas and Terms at a Glance (Paperback, 1st ed. 2021)
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Classical Financial Mathematics - Basic Ideas, Central Formulas and Terms at a Glance (Paperback, 1st ed. 2021)
Series: essentials
Expected to ship within 10 - 15 working days
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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.
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