Financial Math

Course details

About Course:

Simple Interest

• Exact and ordinary simple interest
• Exact and approximate time
• Promissory notes
• Present value of a debt
• Equations of value

Simple Discount

• Simple discount at an interest rate
• Simple discount at a discount rate
• Discounting promissory notes

Compound Interest

• Compound interest
• Compound amount
• Nominal and effective rates
• Approximation of the interest rate and of the time
• Present value
• Equations of value
• Equated time

Ordinary Annuities Certain

• Amount and present value of an ordinary annuity certain
• Periodic payment
• Approximation of the term and rate of interest

Amortization and Sinking Funds

• Amortization of a Debt
• Amortization schedule
• Equity
• Extinction of bonded debts
• Sinking funds
• Sinking funds schedules
• Depreciation
• Depletion

Bonds

Bonds

• Price of a bond
• Premium and Discount
• Quoted price
• Yield rate
• Bonds with optional redemption dates
• Annuity bonds
• Serial bond issues

Annuities Due, Deferred Annuities, Perpetuities

• Annuities due
• Deferred annuities
• Perpetuities
• Capitalized cost

Annuity Certain, General Case

• The general annuity
• Periodic payment
• Number of payments
• Approximation of the interest rate