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1991-Thoddi_Kotiah-Difference and differential equations in the mathematics of finance
Many problems arising in the mathematics of finance involve identical money flows at regular time intervals and are typically solved by appropriate valuation at a focal date or by setting up an equation of value.
finance
savings
growth fund
interest
mortgage
annuity
depreciation
Potential Scenario
163
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74
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2014-Michael_Monagan-The Mortgage Payment Problem Approximating a Discrete Process with a Differential Equation
In this article and a subsequent article I will give two non-standard examples that I've found helpful. The one presented here is a first order linear system. Second order systems and non-linear systems.
compartment
heating
house
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