Basic Cash Flows Examples | Exam FM | Financial Mathematics - JK Math

Описание: Example Problems Involving Basic Cash Flows (Financial Mathematics)

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In this video we look at example problems that require calculating basic cash flows of deposits and withdraws to an account earning compound interest. We use the method of drawing a timeline to represent different transactions and use it to set up an equation to solve the various problems. One of our examples requires finding a missing initial deposit, and the other example adds an extra challenge of penalizing withdraws for a certain period of time. Watch the video to see these explained and fully solved!

This course is designed to help students understand the concepts of mathematics of investment and credit, as well as provide a starting point in preparation for the Actuarial Exam FM (Financial Mathematics).

Financial Mathematics requires a proficient understanding of Calculus concepts such as derivative and integration techniques. This implies that a solid understanding in various algebra skills, including manipulating equations, basic factoring methods, solving logarithmic equations, and more, are also required to fully comprehend and learn the concepts of the Financial Mathematics course.

Video Chapters:
0:00 Example 1 - Unknown Initial Deposit
5:56 Example 2 - Unknown Withdraws with Penalties
16:42 Outro


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