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Applied Mathematics

Force of Interest for One-variable Financial Laws

Posted by on 18 April 2021 in category Applied Mathematics

Force of interest represents the percentage rate of change of the accumultion factor f(t) and is an important metric when it comes to understanding better the force behind the accumulation factor itself. The following videos explains better the idea behind the most important exercises that describe better the relationship between…

Accumulation and Discount Processes

Posted by on 17 April 2021 in category Applied Mathematics

An easy way to make an introduction to Financial Calculus is to start with the accumulation and the discount process, two very similar but opposite processes. The videos explains how can the 2 processes be interpreted and introduces 2 very important concepts: the accumulation and the discount factor.

Continuous Random Variables

Posted by on 16 April 2021 in category Applied Mathematics

Many students who are studying Random Variables are having the most issues with Continuous Random Variables. The video explains the most important concepts regarding the density functions and how to apply the normalization condition.