People move money from the present to the future and vice versa through saving and borrowing. To evaluate these transactions, financial analysts weigh present and future cash flows. With customized financial examples, such as discounted cash flows and mortgage valuation, this class introduces the mathematics of time value and the built-in Wolfram Language functions that make calculations quick and easy. This class is for those who have basic familiarity with the Wolfram Language. General knowledge of mathematics is recommended.
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You'll Learn To
- Compute compound interest
- Perform annuity calculations
- Estimate the future value of cash or of a portfolio
- Account for uneven cash flow in income and value estimates