These are my notes for Part II and Part III of Mathematics at the University of Cambridge. There are many hyperlinks, marked in blue, to help both learning and revising a topic: I recommend using a ...
The \textbf{future value} $F(0,t)$ is defined to be the value at time $t > 0$ of \$1 invested at time $0$. The \textbf{present value} or \textbf{discount factor} $P(0 ...
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