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About 13 Financial Mathematics, Simple and Compound Interest
This document provides an overview of key concepts in financial mathematics, including simple and compound interest, present and future value calculations, and bond pricing. It defines interest as a fee paid on borrowed capital. Simple interest is calculated only on the principal, while compound interest calculates interest on accumulated interest over time. Present value calculations determine the current worth of future cash flows, and are used to evaluate projects and financial instruments like bonds and annuities. Bond pricing depends on factors like the par value, coupon payments, current yield, and yield to maturity.
Detailed Information
| Author: | ['Ali Akbar'] |
|---|---|
| Publication Year: | 2014 |
| Pages: | 7 |
| Language: | English |
| Format: | |
| Price: | FREE |
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