“Have I Learned to Calculate Correctly?” Why Dr. X. from Gifhorn Was Wrong

Ralf Korn () and Bernd Luderer ()
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Ralf Korn: TU Kaiserslautern
Bernd Luderer: TU Chemnitz

Chapter 15 in Money and Mathematics, 2021, pp 57-58 from Springer

Abstract: Abstract A very important factor in financial mathematics is time. The value of a deposit or a withdrawal always depends on the point of time when it is made. Not taking into account or not correctly including the date inevitably leads to wrong results.

Date: 2021
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DOI: 10.1007/978-3-658-34677-5_15

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