Communications - Scientific Letters of the University of Zilina 2010, 12(3):61-65 | DOI: 10.26552/com.C.2010.3.61-65

Mathematics and Finance

Maria Kudelcikova1
1 Department of Mathematics, Faculty of Science, University of Zilina, Slovakia

This article presents how mathematical tools can be used in finance. It also shows some interconnections among several parts of mathematics as mathematical analysis, numerical analysis and financial mathematics. Linear interpolation is used to calculate unknown interest rate in various parts of financial mathematics.

Keywords: mathematics, finance, interest rate, yield to maturity, linear interpolation

Published: September 30, 2010  Show citation

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Kudelcikova, M. (2010). Mathematics and Finance. Communications - Scientific Letters of the University of Zilina, 12(3), 61-65. doi: 10.26552/com.C.2010.3.61-65
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    References

    1. HUTKA, V., PELLER, F.: Financial Mathematics in Excel (in Slovak), Iura Edition, Bratislava, 2007, ISBN 978-80-8078-143-9.
    2. KUDELCIK, J. et al: Multimedia Script of Laboratory Practices, 15th Conference of Slovak Physicists, 2006, Congress Centre Academia, Stara Lesna, Bratislava, Slovak Physical Society, 2007, ISBN 978-80-969124-4-5, pp. 121-122.
    3. KUDELCIKOVA, M.: Mathematics of Finance, EDIS Zilina, 2008, ISBN 978-80-8070-946-4.
    4. ZIMA, P., BROWN, R. L.: Mathematics of Finance, McGraw-Hill, New York, 1996, ISBN 0-07-008203-0.

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