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In economics and finance, present value, also known as present discounted value, is the value of an expected income stream determined as of the date of valuation.

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In economics and finance, present value, also known as present discounted value, is the value of an expected income stream determined as of the date of valuation.

An annuity is a series of payments made at equal intervals. Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly.

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An annuity is a series of payments made at equal intervals. Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly.

Reading list These lecture notes are based on the following books: 1.Samuel A. Broverman, Mathematics of Investment and Credit, 4th.

Financial Mathematics Exam—June 2017. IMPORTANT NOTICE – This syllabus contains significant changes from the April 2017 version. Candidates

Reading list These lecture notes are based on the following books: 1.Samuel A. Broverman, Mathematics of Investment and Credit, 4th.

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Financial Mathematics Exam—June 2017. IMPORTANT NOTICE – This syllabus contains significant changes from the April 2017 version. Candidates

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