Overview
- Introduction to terms and methods of classical financial mathematics
- Presentation of the most important formulas for calculating interest and capital
- With many examples, tasks and solutions for financial mathematics
Part of the book series: essentials (ESSENT)
Part of the book sub series: Springer essentials (SE)
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Table of contents (10 chapters)
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Front Matter
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Back Matter
Keywords
About this book
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.
Authors and Affiliations
About 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.
Bibliographic Information
Book Title: Classical Financial Mathematics
Book Subtitle: Basic Ideas, Central Formulas and Terms at a Glance
Authors: Bernd Luderer
Series Title: essentials
DOI: https://doi.org/10.1007/978-3-658-32038-6
Publisher: Springer Wiesbaden
eBook Packages: Mathematics and Statistics, Mathematics and Statistics (R0)
Copyright Information: Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2021
Softcover ISBN: 978-3-658-32037-9Published: 26 May 2021
eBook ISBN: 978-3-658-32038-6Published: 25 May 2021
Series ISSN: 2197-6708
Series E-ISSN: 2197-6716
Edition Number: 1
Number of Pages: IX, 51
Number of Illustrations: 13 b/w illustrations
Topics: Applications of Mathematics