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Bernd Luderer

Classical Financial Mathematics: Basic Ideas, Central Formulas and Terms at a Glance

Classical Financial Mathematics: Basic Ideas, Central Formulas and Terms at a Glance

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  • More about Classical Financial Mathematics: Basic Ideas, Central Formulas and Terms at a Glance


This text is a translation of the original German 1st edition of "Essentials of Classical Financial Mathematics" by Bernd Luderer. It covers basic formulas, methods, and ideas of classical financial mathematics and is suitable for readers with average mathematical school knowledge. It includes practical examples and is part of Springer Nature's efforts to develop tools for book production and support authors.

Format: Paperback / softback
Length: 51 pages
Publication date: 26 May 2021
Publisher: Springer


This comprehensive textbook teaches fundamental formulas, methods, and concepts of classical financial mathematics. Since classical financial mathematics relies on elementary mathematical tools, any interested reader with a basic understanding of mathematics from high school can easily follow this text. The heart of the text is the calculation of interest and compound interest, annuity calculation, amortization calculation, and price calculation. Numerous practical examples illustrate mathematical questions.

This Springer essential is a translation of the original German 1st edition essentials, Klassische Finanzmathematik by Bernd Luderer, published by Springer Fachmedien Wiesbaden GmbH, part of Springer Nature in 2019. The translation was done with the help of artificial intelligence (machine translation by the service DeepL.com). A subsequent human revision was primarily done in terms of content, so that the book will read stylistically differently from a conventional translation. Springer Nature is committed to continuously developing tools for book production and related technologies to support authors.

Weight: 454g
Dimension: 210 x 148 (mm)
ISBN-13: 9783658320379
Edition number: 1st ed. 2021

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